Taiwan Semiconductor Manufacturing Company Ltd. ADR (TSM) Dividend Analysis

Yes, Taiwan Semiconductor Manufacturing Company Ltd. ADR pays a regular dividend of about TWD 102.51 per share per year (a yield of roughly 0.8%). That is a payout ratio of about 24.0% of earnings, so it is comfortably covered by free cash flow. A low headline yield is not the same as a weak dividend: what matters is how well earnings and cash flow cover the payout, not the percentage alone. The full payout history and per-share figures are on this dividends tab.

Taiwan Semiconductor Manufacturing Company Ltd. ADR's dividend looks comfortably covered by free cash flow, with free cash flow covering the payout about 2.1 times over. Intrinsiqq scores its dividend safety at 93 out of 100, weighing the payout ratio, free-cash-flow coverage and balance-sheet strength. Safety matters more than yield: a payout you can rely on beats a high one you cannot.

Taiwan Semiconductor Manufacturing Company Ltd. ADR has raised its dividend for at least 4 years in a row, the full span of the dividend history we hold. Over the past five years the dividend has grown at roughly 15.3% a year. Consistent growth is one of the strongest signals of a durable, shareholder-friendly business, so read the streak alongside coverage on this tab.

Taiwan Semiconductor Manufacturing Company Ltd. ADR pays out about 24.0% of its earnings as dividends. A lower payout ratio leaves more room to keep raising the dividend and to absorb a bad year, while a very high ratio can signal a payout under pressure. On this measure the dividend is comfortably covered by free cash flow. See the dividend-safety breakdown for the free-cash-flow view, which is often more telling than earnings.