Millicom International Cellular S.A.
TIGOCommunication Services · Stock · quarterly payer
$87.29
Add to PortfolioForward Yield
3.44%
Annual Dividend
$3.00
Payout Ratio
41%
5-Yr Growth
—
Ex-Date
Jul 8, 2026
Frequency
Quarterly
TIGO Dividend Safety Score
52/ 100
Grade C
Borderline
Dividend-growth streak1 consecutive years of growth
Cut historyCut its dividend in 2025
Earnings payout coverage41% of earnings paid out
Free-cash-flow coverage28% of free cash flow
Balance-sheet strengthDebt/equity of 3.75
Yield vs its historyYield in line with its history
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is TIGO a good dividend stock?
MixedMillicom International Cellular S.A. (TIGO) pays a quarterly dividend yielding 3.44% ($3.00/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
- Comfortable payout ratio (41%)
- 111% total price return over 5 years
Risks
- Cut its dividend in 2025
Key Data
- Dividend Yield
- 3.44%
- Payout Ratio
- 41%
- Annual Dividend
- $3.00
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- Jul 8, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 0.90
- Market Cap
- $14.6B
- P/E Ratio
- 11.9
- 5-Yr Total Return
- 111%
- 52-Week Range
- $35.62 – $89.49
- Dividend Safety
- C · 52/100
- Ever Cut?
- Yes (2025)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Apr 8, 2026 | — | $2.0000 | regular |
| Jan 8, 2026 | — | $0.7500 | regular |
| Oct 8, 2025 | — | $2.0000 | regular |
| Jul 8, 2025 | — | $0.7500 | regular |
| Apr 8, 2025 | — | $0.7500 | regular |
| Jan 3, 2025 | — | $1.0000 | regular |
| Nov 5, 2019 | — | $1.3200 | regular |
| May 3, 2019 | — | $1.3200 | regular |
Income Calculator
At $3.00 / yr per share
Per payment (quarterly)$75.00
Annual$300.00
Monthly avg$25.00
