Trailing Dividend / Share
$4.49
Millicom International Cellular S.A. (TIGO) Dividend History
Income profile from 2008 to 2027 with payout safety and yield-on-cost trend
Dividend Yield
5.1%
Payout Ratio
57.3%
Sustainable
Dividend Streak
1 years
TIGO Dividend Income Check
Safety
57.3% payout ratio with sustainable safety profile.
Consistency
1 straight years of dividend increases.
Income Trend
Yield on cost is 11.7% and trend is unknown.
TIGO Dividend Scorecard
Yield & Income
Dividend Yield5.1%
Trailing DPS$4.49
FrequencySemi-Annual
Payments / 12M8
Payout Safety
Earnings Payout57.3%
Earnings SafetySustainable
FCF Payout98.0%
FCF SafetyStretched
Piotroski F-Score7/9
Growth
Growth Streak1 years
3Y CAGR-34.3%
5Y CAGR-22.3%
Yield on Cost (5Y)11.7%
YOC Trendunknown
Total Returns
Buyback Yield0.8%
Total Shareholder Yield5.9%
1Y Total Return156.1%
5Y Total Return135.0%
Div Contribution (5Y)17.9%
Estimated $10K growth (return + dividends):
5Y ago$23,49610Y ago$16,60420Y ago$29,910
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). TIGO's recent 5Y regime has been stronger than its full 10Y period, so 5Y can appear higher than 10Y.
TIGO Income Growth Story
Dividend per share and yield on cost over time (15 years of payments)
TIGO Dividend Safety Story
EPS is the container — dividend is what's drawn out
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Monthly dividend calendar — upcoming ex-dates for stocks you follow.
Dividend Analysis
Payout Safety
Millicom International Cellular S.A. distributes 57.3% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 98.0%, rated "Stretched".
Piotroski F-Score: 7/9 — strong financial health.
Growth Track Record
TIGO has raised its dividend for 1 consecutive year, with a 3-year CAGR of -34.3% and 5-year CAGR of -22.3%.
Total Shareholder Returns
Beyond cash dividends, TIGO returns capital through share repurchases. The combined picture: 5.1% dividend yield, 0.8% buyback yield, 5.9% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 11.7% and is currently unknown. The 5-year total return is 135.0%, with dividends contributing 17.9% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $16,604 today.
FCF payout is stretched — the dividend consumes a large share of free cash flow.
TIGO Recent Dividend Payments
Last 20 payments · Semi-Annual
TTM Total$31.73
Avg/Payment$1.5865
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Apr 8, 2027Latest | $0.7500 | — | 3.55% | Apr 15, 2027 |
| Jan 8, 2027 | $0.7500 | — | 5.03% | Jan 15, 2027 |
| Oct 8, 2026 | $0.7500 | — | 5.03% | Oct 15, 2026 |
| Jul 8, 2026 | $0.7500 | ↓ -62.5% | 6.52% | Jul 15, 2026 |
| Apr 8, 2026 | $2.0000 | ↑ +166.7% | 6.83% | Apr 15, 2026 |
| Jan 8, 2026 | $0.7500 | ↓ -62.5% | 6.75% | Jan 15, 2026 |
| Oct 8, 2025 | $2.0000 | ↑ +166.7% | 7.35% | Oct 15, 2025 |
| Jul 8, 2025 | $0.7500 | — | 6.75% | Jul 15, 2025 |
TIGO Dividend vs Peers
Comparable companies in the same industry
#2 yield in peer group
Div Yield
5.1%
#2 of 8
Safety
Sustainable
57.3% payout
Streak
1Y
-22.3% 5Y CAGR
Total Shareholder
5.9%
#3 of 8
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
2nd TIGOMillicom Internation… | $14.7B | 5.1% | 57.3% | 1 | Sustainable |
 AMXAmérica Móvil, S.A.B… | $77.6B | 2.3% | 40.0% | 1 | Sustainable |
 TKCTurkcell Iletisim Hi… | $5.3B | 4.0% | 21.9% | 0 | Sustainable |
 TEOTelecom Argentina S.… | $5.6B | 0.3% | — | 0 | Unknown |
 VIVTelefônica Brasil S.… | $21.1B | 2.0% | 35.5% | 1 | Sustainable |
3rd  TAT&T Inc. | $159.3B | 5.0% | 37.4% | 0 | Sustainable |
1st  VZVerizon Communicatio… | $195.1B | 5.8% | 66.9% | 21 | Watch |
 TMUST-Mobile US, Inc. | $199.7B | 2.0% | 37.5% | 2 | Sustainable |
TIGO Annual Dividend History (1993–2027)
35 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2027 | $1.50 | -64.7% | 2 | — | — | — | 3.9% |
| 2026YTD | $4.25 | — | 4 | — | — | — | 11.0% |
| 2025 | $4.50 | — | 4 | $7.83 | 57.5% | 1.74x | 11.7% |
| 2024 | $0.00 | — | 0 | $1.47 | — | — | — |
| 2023 | $0.00 | — | 0 | $-0.48 | — | — | — |
| 2022 | $0.00 | — | 0 | $0.41 | — | — | — |
| 2021 | $0.00 | — | 0 | $3.59 | — | — | — |
| 2020 | $0.00 | -100.0% | 0 | $-2.67 | — | — | — |
| 2019 | $2.64 | 0.0% | 2 | $0.58 | 453.5% | 0.22x | 6.8% |
| 2018 | $2.64 | 0.0% | 2 | $0.15 | 1783.8% | 0.06x | 6.8% |
Consensus-Based Analysis Tools
Full Stock Analysis
Deep dive into TIGO consensus models and risk factors.
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Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
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Historical Returns
18+ years return with dividends reinvested.
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DCA Calculator
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Peer Comparison
Compare growth, multiples, and margins vs sector.
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TIGO — Frequently Asked Questions
Quick answers to the most common questions about buying TIGO stock.
How much dividend does TIGO pay per share?
Millicom International Cellular S.A. (TIGO) pays a trailing 12-month dividend of $4.49 per share, with a current dividend yield of +5.1%. Payments are made Semi-Annual.
When is TIGO's next ex-dividend date?
TIGO's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. TIGO typically pays dividends Semi-Annual.
Is TIGO's dividend safe?
TIGO's dividend safety is rated "Sustainable" based on an earnings payout ratio of +57.3% and FCF payout ratio of +98.0%. The 1-year growth streak provides moderate confidence.
How many years has TIGO increased its dividend?
TIGO has 1 consecutive years of dividend growth. The 5-year dividend CAGR is -22.3%.
How often does TIGO pay dividends?
Millicom International Cellular S.A. pays dividends Semi-Annual. The trailing 12-month total is $4.49 per share. Dividend data on this page covers 19+ years from 2008 to 2027.
How much would $10,000 invested in TIGO grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in TIGO five years ago would be worth approximately $23,496 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is TIGO's yield on cost for long-term holders?
TIGO's yield on cost — the current dividend divided by the original purchase price — is +11.7% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +5.1% market yield, thanks to the lower original cost basis.