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TIGO Millicom International Cellular S.A. — dividend yield, history & ex-dividend dates

NASDAQ· Quarterly dividend· Common Stock· ADR · Communication Services / Telecommunications Services

$79.90 ▲ $0.24(0.30%) as of Oct 30, 2026 06:20 UTC
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Millicom International Cellular S.A. engages in the provision cable and mobile services in Latin America. The company offers mobile services, including mobile data and voice, and short message services; and mobile financial services, such as payments, money transfers, international remittances, savings, real-time loans, and micro-insurance. In addition, the company provides fixed services, including broadband, fixed voice, and pay-TV; and fixed-voice and data telecommunications services, managed services, cloud and security solutions, and value-added services; and tower infrastructure and services. The company serves small, medium, and large businesses, as well as residential consumers and governmental entities. It markets its products and services under the Tigo and Tigo Business brands. The company was founded in 1990 and is headquartered in Luxembourg, Luxembourg.

Dividend Snapshot

StatusFlat
Last Dividend$0.7500Paid Oct 15, 2026
Forward Annual$6.00From the $1.5000 dividend declared Aug 05, 2026
FrequencyQuarterly
Last Ex-DateOct 08, 2026The most recent ex-dividend date that has already passed.
Next Ex-DateJan 08, 2027$1.5000, declared Aug 05, 2026The ex-dividend date of the next payment the company has declared, or that is scheduled when no declaration is on file. Future dates our data provider only projects are not shown.
Next Pay DateJan 15, 2027
10-Yr Growth2.1%Annual totals, 2015–2025

Research Scores

Scores describe this security's published financial data on a 0–100 scale using the formulas on our methodology pages. They are the same for every reader, are not a probability or a forecast, and are not a recommendation. Past dividend growth does not guarantee future increases. Report a data error.

Dividend Safety Score

39/100

Weak indicators

Complete data

Dividend Growth Score

Not Rated

required input missing: 5-year dividend growth or increase streak

Dividend Value Score

34/100

Above own historical valuation

Complete data

DividendRank

41/100

Middle of the scale

Partial data

How the Dividend Safety Score is built for TIGO
InputValuePointsWeight
Earnings payout ratioEarnings payout ratio 138% (TTM to Jun 30, 2026) 5 20%
FCF payout ratioFCF payout ratio 59% (TTM to Jun 30, 2026) 89 25%
Net debt / EBITDANet debt / EBITDA 4.0x (TTM to Jun 30, 2026) 35 15%
Interest coverageInterest coverage 1.2x (TTM to Jun 30, 2026) 6 10%
Dividend record1 year of uninterrupted regular payments; suspension May 6, 2020, within 10 years: capped at 20 18 20%
Earnings stabilityNet income positive in 4 of the last 5 fiscal years (FY2021–FY2025) 70 10%

Inputs that are not available are left out and the remaining weights are scaled up. Profile: ordinary company. Formula version 2026-10-19.4.

How the Dividend Value Score is built for TIGO
InputValuePointsWeight
Yield vs own historyCurrent yield at the 24th percentile of its 59 month-end yields 24 40%
P/E vs own 5-year medianP/E 19.8 is 1.58x its 5-year median of 12.5 0 25%
FCF yieldFCF yield 11.6% (TTM to Jun 30, 2026) 100 20%
P/E vs peersP/E 19.8 vs peer median 16.2 (1.22x; 28 corporation / Communication Services securities) 28 15%

Inputs that are not available are left out and the remaining weights are scaled up. Profile: ordinary company. Formula version 2026-10-19.4.

Key Metrics

Current Yield

7.51%

At the Oct 30, 2026 price

The annual dividend as a percentage of the share price. A 3% yield is about $3 of dividends a year for every $100 invested at today's price.

Annualized Dividend

$6.0000

Declared Aug 05, 2026

The latest declared regular dividend scaled to a full year by how often it's paid (for semi-annual payers, the latest two payments), adjusted for stock splits. A $0.25 quarterly dividend annualizes to $1.00. Special dividends are excluded.

Frequency

Q Quarterly

How often the dividend is paid, read from the dates of recent payments: Q = quarterly (4x a year), M = monthly, S = semi-annual, A = annual.

RSI (14)

40

As of Oct 30, 2026

Relative Strength Index (0-100), a price-momentum gauge. Above 70 is often called 'overbought', below 30 'oversold'. A technical signal, not a dividend metric.

52-Week Range

$45.81 – $104.31

Closes through Oct 23, 2026

The lowest and highest price over the past year, showing where today's price sits in its recent range.

Payout Ratio (TTM)

138.12%

12 months to Jun 30, 2026 (Q2 FY2026)

The share of earnings paid out as dividends over the trailing twelve months (TTM): dividends paid divided by net income across the company's four most recent reported quarters, dated by the latest quarter end. A fiscal-year tag such as FY2025 means only annual figures were available. Lower leaves more cushion; above 100% means paying out more than the company earned. It shows n/a for funds and when net income over the period was negative; for REITs and BDCs it is marked EPS-based, since they are judged on FFO/AFFO or net investment income instead.

Years Paying

18

How many years of payments we have on record. This can understate very long histories where our data doesn't reach far enough back.

Price / Book (TTM)

5.19

Price as of Oct 25, 2026; latest reported book value

Price-to-book ratio: the share price on the date shown divided by the latest reported book value per share. A rough valuation gauge, most useful for asset-heavy sectors like REITs, banks and insurers.

S.A.F.E. Dividend Read

S.A.F.E. is a set of four checks on a dividend's record and the company's data, the same test used across the screener and our ranked lists. Solid: a Dividend Safety Score of 70+ and a yield of 2%+. Accelerating: at least three consecutive completed calendar years of higher total regular dividends. Flawless: since 1990, no calendar year whose total regular dividend fell more than 20% below the year before, and no suspension. Enduring: at least 20 years between the first and latest dividend in our records. All four met earns the S.A.F.E. flag.
S Solid
Below the Solid check (Dividend Safety Score 70+ and yield 2%+): Dividend Safety Score 39/100, yield 7.51%.
A Accelerating
Dividend growth has stalled — 0 consecutive annual increase(s), under the 3 this check looks for.
F Flawless
The record shows a gap in the regular dividend of more than 1.5 times its usual interval (a payment was due around May 2020).
E Enduring
18 year(s) of payments on record, under the 20 this check looks for.

Quote & Key Data

ExchangeNASDAQThe stock exchange where the shares trade, such as NYSE or Nasdaq.
Volume764,830Oct 23, 2026 sessionHow many shares changed hands in the trading session dated beside this figure, a rough read on trading activity. Daily bars are refreshed on a slower cycle than the quoted price, so this session can be older than the price above.
Open$78.63Oct 23, 2026 sessionThe price at the start of the trading session dated beside this figure, which can be earlier than the session the quoted price comes from.
Day Range$77.06 – $78.91Oct 23, 2026 sessionThe lowest and highest price during the trading session dated beside this figure, which can be earlier than the session the quoted price comes from.
Prev Close$79.93Close of Oct 22, 2026The closing price from the session before the one dated beside these figures.
Market Cap$13.39BAs of Oct 30, 2026The company's total market value (share price times shares outstanding) on the date shown.
Shares Out167.54MImplied by market cap, Oct 30, 2026Shares outstanding implied by the market cap and share price on the date shown.
EPS (TTM)$3.9712 months to Jun 30, 2026 (Q2 FY2026)Earnings per share over the trailing twelve months (TTM), labeled with the end date of the latest reported quarter and shown in the company's reporting currency. Dividends are paid out of these earnings.
P/E (TTM)19.7Price as of Oct 25, 2026; earnings to Jun 30, 2026Price-to-earnings ratio: the share price on the date shown divided by trailing-twelve-month earnings per share. A rough gauge of how richly the stock is valued.
Last Ex-DateOct 08, 2026Paid Oct 15, 2026The most recent ex-dividend date that has already passed.
Next Ex-DateJan 08, 2027Pays Jan 15, 2027; declaredThe ex-dividend date of the next payment the company has declared, or that is scheduled when no declaration is on file. Future dates our data provider only projects are not shown.

Dividend Growth

3-Yr Growth (CAGR)N/AThe dividend's average annual growth rate over the period, compounded.
5-Yr Growth (CAGR)N/AThe dividend's average annual growth rate over the period, compounded.
Consecutive Increases0 yrsAnnual totals through 2025The number of consecutive years the dividend has increased.

Why the Yield Moved (90 Days)

TIGO's dividend yield rose from 3.18% to 7.51% over the past ~90 days (+4.33 pp). Of that move, +3.75 pp came from changes in the dividend rate and +0.57 pp from the share price ($94.30 on Aug 03, 2026 → $79.90 on Oct 30, 2026). A yield that rises because the price fell is not an improvement in the payout itself.

Yield vs Its Own History

Current7.51%
1-Yr Average4.92%
Low / High3.04% – 7.66%
Percentile98%

Across 272 daily observations over the past 13 months (through Oct 23, 2026), TIGO's current yield is higher than approximately 98% of them. Our stored price history for TIGO covers the past 13 months; 3- and 5-year averages are not yet computable from it and are deliberately not shown.

Adjusted Price History

Dividend History

Dividend Payment History

Ex-dividend calendar →
Amount Type Declared Ex-Date Record Pay
$1.5000 Q Regular upcoming, declared Aug 05, 2026 Apr 08, 2027 Apr 08, 2027 Apr 15, 2027
$1.5000 Q Regular upcoming, declared Aug 05, 2026 Jan 08, 2027 Jan 08, 2027 Jan 15, 2027
$0.7500 Q Regular Mar 26, 2026 Oct 08, 2026 Oct 08, 2026 Oct 15, 2026
$0.7500 S Regular Mar 26, 2026 Jul 08, 2026 Jul 08, 2026 Jul 15, 2026
$2.0000 S Regular May 21, 2025 Apr 08, 2026 Apr 08, 2026 Apr 15, 2026
$0.7500 S Regular May 21, 2025 Jan 08, 2026 Jan 08, 2026 Jan 15, 2026
$2.0000 S Regular May 21, 2025 Oct 08, 2025 Oct 08, 2025 Oct 15, 2025
$0.7500 Q Regular May 21, 2025 Jul 08, 2025 Jul 08, 2025 Jul 15, 2025
$0.7500 Q Regular Feb 26, 2025 Apr 08, 2025 Apr 08, 2025 Apr 15, 2025
$1.0000 Q Regular Jan 02, 2025 Jan 03, 2025 Jan 03, 2025 Jan 10, 2025
$1.3200 S Regular May 02, 2019 Nov 05, 2019 Nov 06, 2019 Nov 12, 2019
$1.3200 S Regular Mar 21, 2019 May 03, 2019 May 06, 2019 May 10, 2019
$1.3200 S Regular May 04, 2018 Nov 07, 2018 Nov 08, 2018 Nov 14, 2018
$1.3200 S Regular May 04, 2018 May 07, 2018 May 08, 2018 May 15, 2018
$2.6400 A Regular Mar 30, 2017 May 04, 2017 May 08, 2017 May 12, 2017
$2.6400 A Regular Apr 14, 2016 May 18, 2016 May 19, 2016 May 25, 2016
$2.6400 A Regular Apr 13, 2015 May 18, 2015 May 19, 2015 May 25, 2015
$2.6400 A Regular N/A May 28, 2014 Jun 02, 2014 Jun 05, 2014
$2.6400 S Regular N/A May 29, 2013 May 31, 2013 Jun 05, 2013
$3.0000 S Regular N/A Dec 07, 2012 Dec 11, 2012 Dec 14, 2012
$2.4000 S Regular N/A May 30, 2012 Jun 01, 2012 Jun 07, 2012
$3.0000 S Regular N/A Dec 05, 2011 Dec 07, 2011 Dec 13, 2011
$1.8000 A Regular N/A Jun 01, 2011 Jun 03, 2011 Jun 14, 2011
$6.0000 A Regular N/A May 26, 2010 May 28, 2010 Jun 03, 2010
$1.2400 I Regular N/A Dec 23, 2009 Dec 28, 2009 Jan 05, 2010
$2.4000 I Special N/A May 29, 2008 Jun 02, 2008 Jun 09, 2008

Peer Comparison

Selected Telecommunications Services dividend payers we cover, strongest DividendRank first — for context, not a recommendation.

TickerNameYield5-Yr GrowthStreakRank
CMCSA Comcast Corporation 5.93% 7.6% 16 yrs 92
TMUS T-Mobile US, Inc. 3.18% N/A 1 yr 77
ATNI ATN International, Inc. 4.48% 9.4% 4 yrs 77
KDDIF KDDI Corporation 2.67% 6.5% 1 yr 74

Related Guides & Lists

TIGO dividend — frequently asked questions

Does Millicom International Cellular S.A. pay a dividend?

Yes. Millicom International Cellular S.A. (TIGO) currently pays a dividend. The annualized dividend is about $6.00 per share, a yield of approximately 7.51%.

What is Millicom International Cellular S.A.'s dividend yield?

Millicom International Cellular S.A.'s dividend yield is approximately 7.51%, based on the most recent regular payment annualized against the current share price. Yields move as the share price changes.

How often does Millicom International Cellular S.A. pay dividends?

Millicom International Cellular S.A. pays dividends quarterly — 4 times per year.

When is Millicom International Cellular S.A.'s next ex-dividend date?

The next declared ex-dividend date for Millicom International Cellular S.A. is January 8, 2027. The associated payment is $1.5000 per share; you must own the shares before the ex-dividend date to receive it.

How long has Millicom International Cellular S.A. paid dividends?

Millicom International Cellular S.A. has 18 years of dividend payments on record.

Data updated Oct 30, 2026. This research page is generated from Dividendly's structured market and dividend dataset using the approach described on our methodology and data sources pages. Data is automatically validated using defined rules and may also be periodically reviewed. Research only, not investment advice. Spotted a data error? Report it.