
On November 10, Taiwan Semiconductor Manufacturing Company (TSM) increased its dividend by 28.57%, from NT$7.00 to NT$9.00 per share. Each TSM ADR represents five common shares, so the new quarterly rate is NT$45.00 per ADR, or about $1.37 at the current exchange rate.
The dividend is payable on April 8, 2027, to shareholders of record on March 11, 2027.
TSM's contribution to DivGro's projected annual dividend income will increase by $60.81 to $273.65.

Created by the author
I own 50 shares of TSM at an average cost basis of $276.98/share. After this increase, my yield on cost is 1.98%, while the stock's forward yield is 1.35% at $405.49/share.
Dollar figures convert NT$1 at $0.0304 (Yahoo Finance, November 13, 2026).
Since I opened my position in December 2025, the stock has delivered a 47% total return, including $148.73 in dividends.
5-Year History of Dividend Payouts by Ex-Date
2022 | 2023 | 2024 | 2025 | 2026 | • | 2027 |
NT$11.00 | NT$11.50 | NT$15.00 | NT$19.00 | NT$26.00 | → | NT$36.00✝ |
4.76% | 4.55% | 30.43% | 26.67% | 36.84% | ⬆ | 38.46% |
5-year DGR: | 19.88% | ⬆ | 26.76% | |||
✝projected, assuming no further changes
Annual dividends per common share in TWD, as declared by the company.

Created by the author
On my 9-factor quality model, TSM scores 8.79, placing it in the Excellent band. Seeking Alpha, however, flags TSM's dividend grade at C–, well below the safer end of the scale. TSM's F3 Financial Strength reads 8.7.

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