Taiwan Semiconductor (TSM) has seen a 9% increase in shares since the start of 2026. Recently, the company announced a 20% dividend hike, with a payout of $0.19 per share payable on April 9 for shareholders on record on March 23. While the dividend yield is 1%, it has grown by 120% over the past five years, making TSMC an attractive option for both growth and yield investors. With a market cap of $1.7 trillion, TSMC is the sixth-largest publicly traded company globally. The stock has surged 51% in the last year, outperforming the S&P 500 and Intel (INTC).

In Q4, Taiwan Semiconductor reported revenue of $33.7 billion, a 20.5% increase year-over-year, with net income up 35% to $16.3 billion. Full-year revenue reached $122.42 billion, a 35.9% jump from the previous year. TSMC’s first-quarter revenue guidance is between $34.6 billion and $35.8 billion, marking a 38% increase at the midpoint. The company is investing in expanding foundry capacity in Arizona and plans to spend $52 billion to $56 billion on capex this year. Analysts are optimistic about TSMC, with a consensus price target of $386.45 and overwhelmingly bullish ratings.

Read more at Barchart: As Taiwan Semi Hikes Its Dividend 20%, Should You Buy TSM Stock?