What Is the Dividend Payout for Taiwan Semiconductor Manufacturing?

Core Viewpoint - Taiwan Semiconductor Manufacturing Company (TSMC) is a leading player in the AI-powered growth stock sector, known for its high dividend payouts and strong market position in chip manufacturing [1][2]. Group 1: Dividend and Financial Performance - In 2023, TSMC paid $9.35 billion in dividends, with a net income of $26.6 billion, resulting in a payout ratio of approximately 35% [2]. - The dividend yield for 2023 stands at about 1.1% based on a market cap of $895 billion [2]. - Despite a 4.5% decline in revenue and a 17.5% drop in net income in 2023, TSMC increased its quarterly dividend from 3 to 3.5 Taiwanese dollars per share [2]. Group 2: Future Growth and Dividend Expectations - TSMC anticipates a strong recovery in 2024, projecting a dividend increase from 11.25 to "at least" 13.5 Taiwanese dollars per share [2]. - The recent dividend raise of 20% aligns with TSMC's long-term growth forecast of 15% to 20%, indicating a strategy of steadily increasing payouts [3]. - The company expects a turnaround in mature chip segments while continuing to benefit from the surging demand for AI chips [3].