Current Yield
0.79%
TTM Dividend/Share
$3.51
Payment Frequency
Quarterly
Payout Ratio
0.9%
Consecutive Growth Years
4
Key takeaways
- TSMC (TSM) has raised its dividend for 4 consecutive years.
- TSMC (TSM) currently yields 0.79%, paying $3.51 per share over the trailing twelve months, distributed quarterly.
- Payout ratio is 0.9% — the share of earnings distributed as dividends.
- 6 of 8 dividend safety checks passed.
- 5-year dividend CAGR of 15.29% (growth is accelerating).
Dividend yield valuation for TSMC (TSM)
Current dividend yield vs its own 1Y / 3Y / 5Y historical averages — a rough valuation signal.
Valuation zone | Below average — potentially overvalued |
Current yield (now) | 0.79% |
1-year average yield | 0.96%now 0.17 pp below |
3-year average yield | 1.27%now 0.48 pp below |
5-year average yield | 1.55%now 0.76 pp below |
TSM: a yield above its history can signal value (or risk); below can signal a rich price. One valuation signal among many — review fundamentals before investing.
Dividend health for TSMC (TSM)
Cash-flow, leverage and returns metrics that signal whether the dividend is well-covered and sustainable.
Chowder score | 16.1% |
FCF payout ratio | 11.9% |
Net debt / EBITDA | -0.6x |
Interest coverage | 336.65x |
ROIC (TTM) | 31.1% |
Dividend safety score for TSMC (TSM)
Checks covering payout coverage, free-cash-flow support, leverage and dividend-growth durability.
6 of 8 checks passed
Payout ratio below 75%
Payout ratio is 0.9%, well below the 75% threshold.
Free cash flow covers dividend
TTM FCF after dividends is $609.4B — FCF fully covers the payout.
No dividend cuts in 10+ years
12 dividend cut(s) in the last 10 years.
Positive earnings growth trend
Earnings per share have grown over the past 5 years.
10+ years of consecutive growth
Only 4 consecutive year(s) of dividend growth.
FCF payout ratio below 70%
FCF payout ratio is 11.9%, below the 70% threshold.
Net Debt/EBITDA below 3x
Net Debt/EBITDA is -0.6x.
Dividend growth ≤ earnings growth (5Y)
Dividend growth (15.3%) ≤ EPS growth (33.5%) — sustainable.
This analysis is for informational purposes only and is not financial advice. Safety scores and comparisons reflect historical data and do not predict future performance.
Per-payment dividend history
45 payments from 2004 to 2026 · Adj. Dividend is split-adjusted
| Sep 16, 2026 | Oct 8, 2026 | $1.1136 | $1.1136 |
| Jun 11, 2026 | Jul 9, 2026 | $0.9551 | $0.9551 |
| Mar 17, 2026 | Apr 9, 2026 | $0.9390 | $0.9390 |
| Dec 11, 2025 | Jan 8, 2026 | $0.7954 | $0.7954 |
| Sep 16, 2025 | Oct 9, 2025 | $0.8220 | $0.8220 |
| Jun 12, 2025 | Jul 10, 2025 | $0.6164 | $0.6164 |
| Mar 18, 2025 | Apr 10, 2025 | $0.5354 | $0.5354 |
| Dec 12, 2024 | Jan 9, 2025 | $0.4804 | $0.4804 |
| Sep 12, 2024 | Oct 9, 2024 | $0.4936 | $0.4936 |
| Jun 13, 2024 | Jul 11, 2024 | $0.4265 | $0.4265 |
| Mar 18, 2024 | Apr 11, 2024 | $0.4373 | $0.4373 |
| Dec 14, 2023 | Jan 11, 2024 | $0.3818 | $0.3818 |
- Sep 16, 2026$1.1136
- Jun 11, 2026$0.9551
- Mar 17, 2026$0.9390
- Dec 11, 2025$0.7954
- Sep 16, 2025$0.8220
- Jun 12, 2025$0.6164
- Mar 18, 2025$0.5354
- Dec 12, 2024$0.4804
- Sep 12, 2024$0.4936
- Jun 13, 2024$0.4265
- Mar 18, 2024$0.4373
- Dec 14, 2023$0.3818
Historical dividend yield for TSMC (TSM)
Mean trailing dividend yield using one ratio snapshot per calendar year.Mean yield1Y: 0.96%5Y: 1.55%10Y: 2.20%
Dividend per share for TSMC (TSM)
CAGR (per year)1Y: 50.67%5Y: 15.29%10Y: 14.37%↑ Accelerating
| Year | Total ($/share) | Payments |
|---|---|---|
| 2004 | $0.09 | 1 |
| 2005 | $0.31 | 1 |
| 2006 | $0.38 | 1 |
| 2007 | $0.46 | 1 |
| 2008 | $0.49 | 1 |
| 2009 | $0.46 | 1 |
| 2010 | $0.47 | 1 |
| 2011 | $0.52 | 1 |
| 2012 | $0.50 | 1 |
| 2013 | $0.50 | 1 |
| 2014 | $0.50 | 1 |
| 2015 | $0.72 | 1 |
| 2016 | $0.94 | 1 |
| 2017 | $0.92 | 1 |
| 2018 | $1.04 | 1 |
| 2019 | $1.60 | 3 |
| 2020 | $1.36 | 4 |
| 2021 | $1.48 | 4 |
| 2022 | $1.44 | 4 |
| 2023 | $1.45 | 4 |
| 2024 | $1.84 | 4 |
| 2025 | $2.77 | 4 |
| 2026 | $3.01 | 3 |
Dividend growth for TSMC (TSM)
Year-over-year change in total annual dividend per share (split-adjusted, by ex-dividend year). Green is an increase, red a cut.
Dividend Increase Track Record
Year-over-year change in total annual DPS (dividends per share, split-adjusted), based on ex-dividend date.
| 2026 | $2.7692 | — | — |
| 2025 | $1.8379 | $2.7692 | +50.7% |
| 2024 | $1.4524 | $1.8379 | +26.5% |
| 2023 | $1.4373 | $1.4524 | +1.0% |
| 2022 | $1.4802 | $1.4373 | -2.9% |
| 2021 | $1.3596 | $1.4802 | +8.9% |
| 2020 | $1.6036 | $1.3596 | -15.2% |
| 2019 | $1.0358 | $1.6036 | +54.8% |
| 2018 | $0.9210 | $1.0358 | +12.5% |
| 2017 | $0.9394 | $0.9210 | -2.0% |
| 2016 | $0.7228 | $0.9394 | +30.0% |
| 2015 | $0.4995 | $0.7228 | +44.7% |
| 2014 | $0.5011 | $0.4995 | -0.3% |
| 2013 | $0.4974 | $0.5011 | +0.7% |
| 2012 | $0.5183 | $0.4974 | -4.0% |
| 2011 | $0.4659 | $0.5183 | +11.2% |
| 2010 | $0.4557 | $0.4659 | +2.2% |
| 2009 | $0.4890 | $0.4557 | -6.8% |
| 2008 | $0.4562 | $0.4890 | +7.2% |
| 2007 | $0.3834 | $0.4562 | +19.0% |
| 2006 | $0.3113 | $0.3834 | +23.2% |
| 2005 | $0.0894 | $0.3113 | +248.0% |
| 2004 | — | $0.0894 | — |
- 2026—
- 2025$2.7692
- 2024$1.8379
- 2023$1.4524
- 2022$1.4373
- 2021$1.4802
- 2020$1.3596
- 2019$1.6036
- 2018$1.0358
- 2017$0.9210
- 2016$0.9394
- 2015$0.7228
- 2014$0.4995
- 2013$0.5011
- 2012$0.4974
- 2011$0.5183
- 2010$0.4659
- 2009$0.4557
- 2008$0.4890
- 2007$0.4562
- 2006$0.3834
- 2005$0.3113
- 2004$0.0894
DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.
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