SmarterDividends
TIGO

Millicom International Cellular (TIGO) Dividend

Millicom International Cellular S.A. · Communication Services · Telecom Services · quarterly payer

$78.09

Fairly valued · -2% Add to Portfolio

As of Nov 5, 2026, Millicom International Cellular (TIGO) pays a quarterly dividend of $0.75 per share, or $3.00 a year, a 3.89% yield at its $78.09 share price. The next ex-dividend date is Jan 8, 2027, paid Apr 15, 2027.

Forward Yield

3.89%

Annual Dividend

$3.00

Payout Ratio

76%

5-Yr Growth

—

Ex-Date

Jan 8, 2027

Frequency

Quarterly

Key facts about TIGO's dividend

Data as of · Source: SmarterDividends data

  • As of Nov 5, 2026, Millicom International Cellular S.A. (TIGO) has a forward dividend yield of 3.89%, based on an annual dividend of $3.00 per share and a share price of $78.09.
  • TIGO has never cut its regular dividend in the payment history SmarterDividends has on record.
  • TIGO's next ex-dividend date is Jan 8, 2027, with payment on Apr 15, 2027. Shares must be owned before that date to receive the dividend.
  • As of Nov 5, 2026, TIGO pays out 76% of its trailing 12-month earnings as dividends (its payout ratio).
  • As of Nov 5, 2026, TIGO's 3.89% yield is 65% below its five-year average yield of 11.13%.
  • As of Nov 5, 2026, SmarterDividends' blended fair-value estimate for TIGO is $76.42 per share, 2% below the $78.09 share price, so TIGO screens as fairly valued.
  • Millicom International Cellular S.A. (TIGO) pays its dividend quarterly, 4 times a year.
  • Millicom International Cellular S.A. (TIGO) has raised its regular dividend 0 times and cut it 0 times across the 10 payments on record since 2019. The regular dividend has not changed in that time.
Cite this page

SmarterDividends, "TIGO Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 5, 2026, https://smarterdividends.com/stocks/TIGO

Is TIGO a good dividend stock?

Mixed

Millicom International Cellular S.A. (TIGO) pays a quarterly dividend yielding 3.89% ($3.00/yr), with 0 years of growth. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

  • Never cut its dividend on record
  • 155% total price return over 5 years

Risks

  • Single-stock concentration risk — diversify

Key Data

Dividend Yield
3.89%
Payout Ratio
76%
Annual Dividend
$3.00
5-Yr Avg Growth
—
Ex-Dividend Date
Jan 8, 2027
Years of Growth
0
Frequency
quarterly
Beta
0.95
Market Cap
$13.1B
P/E Ratio
19.7
5-Yr Total Return
155%
52-Week Range
$44.88 – $107.13
Dividend Safety
—
Ever Cut?
No

TIGO dividend raises and cuts

Millicom International Cellular S.A. (TIGO) has raised its regular dividend 0 times and cut it 0 times across the 10 payments on record since 2019. The regular dividend has not changed in that time.

Every TIGO payment →Download every raise and cut (CSV)
TIGO ex-dividend date & scheduleNext ex-date Jan 8, 2027 · full ex-dividend historyView →TIGO dividend historyEvery payment, totals by year, raises and cutsView →TIGO dividend calculator100 shares pay $300.00 a year, $75.00 each quarterCalculate →TIGO total return calculatorWhat $10,000 became, with dividends reinvested or taken as cashSee →

Frequently Asked Questions

Is TIGO a good dividend stock?

Mixed. Millicom International Cellular S.A. (TIGO) pays a quarterly dividend yielding 3.89% ($3.00/yr), with 0 years of growth. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Is TIGO undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, TIGO's fair value is about $76.42 versus a $78.09 share price — so it looks fairly valued (-2% vs. fair value).

What is TIGO's fair value?

Our blended fair-value estimate for TIGO is about $76.42 per share, about 2% below the current $78.09 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is TIGO a buy, hold, or sell?

We don't issue formal ratings, but on the data TIGO screens as "mixed" and fairly valued. Millicom International Cellular S.A. (TIGO) pays a quarterly dividend yielding 3.89% ($3.00/yr), with 0 years of growth. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal. This is research for your own analysis, not investment advice.

Does TIGO pay a dividend?

Yes. Millicom International Cellular S.A. pays a quarterly dividend of about $3.00 per share annually, a forward yield of roughly 3.89%.

How much dividend does 100 shares of TIGO pay?

At $3.00 per share a year, 100 shares of TIGO pay $300.00 a year in dividends before tax, about $75.00 each quarter. Buying them costs about $7,809 at the Nov 5, 2026 price.

What is TIGO's dividend yield?

As of Nov 5, 2026, TIGO's forward dividend yield is 3.89%, based on a $3.00 annual dividend and a $78.09 share price.

What is TIGO's dividend per share?

As of Nov 5, 2026, TIGO pays $3.00 per share per year, distributed on a quarterly basis.

What is TIGO's dividend payout ratio?

As of Nov 5, 2026, TIGO's payout ratio is 76% of trailing 12-month earnings — a moderate level that's generally sustainable.

How many years has TIGO grown its dividend?

TIGO does not currently have a long dividend-growth streak on record.

When is the next TIGO ex-dividend date?

As of Nov 5, 2026, the next ex-dividend date on record for TIGO is Jan 8, 2027.

Income Calculator

At $3.00 / yr per share

Per payment (quarterly)$75.00
Annual$300.00
Monthly avg$25.00
Full TIGO dividend calculator →

Similar Dividend Stocks

GOOGLGOOGLAlphabet Inc.0.30%Communication ServicesGOOGGOOGAlphabet Inc.0.31%Communication ServicesMETAMETAMeta Platforms, Inc.0.33%Communication ServicesDISDISThe Walt Disney Company1.26%Communication Services

Compare TIGO

TIGO vs GOOGLTIGO vs GOOGTIGO vs METATIGO vs DIS

Explore more

Lists and tools related to TIGO