TIGO Dividend History & Analysis | 9.1% Yield

TIGO has a dividend yield of 9.1% and paid 5.5 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 9.05%
Payout Ratio 146.4%
Growth Rate CAGR 5y 41.1%
Consistency Lifetime 100%
Yield on Cost 5y 16.2%
Payout FCF 51.1%
Streak Years 1
Dividend Rating 77.2%
Chowder Number yield + growth 50.2% meets 12% target for healthy growth
Yield vs Average 5y +1.4% avg 8.92% vs now 9.05%
Debt / EBITDA leverage 3.9x moderate
Income per 10k invested 905 USD per year
Dividends Cash Amount per Share Yearly TIGO annual dividends paid per share, showing the total cash Millicom International distributed to shareholders each year.
Dividend Growth Year over Year TIGO year-over-year dividend growth rate, showing how Millicom International's dividend per share increased or decreased each year compared to the prior year.
Price and Yield per Payout History TIGO dividend yield history versus share price over the past 5 years, showing how Millicom International's payout yield moved at each dividend payment relative to its stock price.
┅┅ Payout Yield (right) ■ Price (left)

Top Dividend Payers in Wireless Telecommunication Services

Top 10 Dividend Yields of Peer-Group
SYMBOL MARKET CAP USD YIELD TTM YIELD ON COST 5y
AD NYSE
Array Digital		 3,133 M 92.45% 261.10%
TIGO NASDAQ
Millicom International		 15,709 M 9.05% 16.17%
TIMB NYSE
TIM Participacoes		 10,372 M 6.15% 15.67%
PHI NYSE
PLDT		 3,878 M 7.71% 9.23%
VOD NASDAQ
Vodafone		 30,281 M 4.07% 4.51%
TDS NYSE
Telephone Data Systems		 4,120 M 2.19% 6.42%
AMX NYSE
America Movil SAB de CV		 77,237 M 2.85% 4.32%
TKC NYSE
Turkcell Iletisim		 5,084 M 2.16% 3.25%
TMUS NASDAQ
T-Mobile US		 192,113 M 1.87% 2.80%
SKM NYSE
SK Telecom		 12,208 M 1.86% 2.12%
Top 4 Dividend Growth Rates of Peer-Group
SYMBOL MARKET CAP USD GROWTH RATE CONSISTENCY
TIGO NASDAQ
Millicom International		 15,709 M 41.14% 100.0%
TMUS NASDAQ
T-Mobile US		 192,113 M 26.90% 100.0%
TKC NYSE
Turkcell Iletisim		 5,084 M 11.47% 81.6%
TIMB NYSE
TIM Participacoes		 10,372 M 6.20% 100.0%

TIGO Dividend History

Dividend Monthly Return EX date, 1.5 years of data

Jan 2.82% 100
Feb - -
Mar - -
Apr 2.62% 100
May - -
Jun - -
Jul 2.00% 71
Aug - -
Sep - -
Oct 4.26% 71
Nov - -
Dec - -

Average monthly dividend return by ex-dividend date. The score below shows reliability based on how consistently dividends were paid in that month.

Last 10 Payments (USD) as of July 2026
EX-DATE RECORD PAYMENT PERIOD DIV/SHARE GROWTH PAYOUT YIELD
2027-04-08 2027-04-08 2027-04-15 Quarterly 0.75 0% N/A
2027-01-08 2027-01-08 2027-01-15 Quarterly 0.75 0% N/A
2026-10-08 2026-10-08 2026-10-15 Quarterly 0.75 0% N/A
2026-07-08 2026-07-08 2026-07-15 Quarterly 0.75 -62.5% 0.81%
2026-04-08 2026-04-08 2026-04-15 Quarterly 2 +166.7% 2.5%
2026-01-08 2026-01-08 2026-01-15 Quarterly 0.75 -62.5% 1.49%
2025-10-08 2025-10-08 2025-10-15 Quarterly 2 +166.7% 4.26%
2025-07-08 2025-07-08 2025-07-15 Quarterly 0.75 0% 2%
2025-04-08 2025-04-08 2025-04-15 Quarterly 0.75 -25% 2.74%
2025-01-03 2025-01-03 2025-01-10 Quarterly 1 0% 4.16%

TIGO Dividend FAQ

What is the Dividend Yield of TIGO?

As of July 2026, TIGO's dividend yield is 9.05%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 5.50 USD by the current share price of 94.08.

Does TIGO pay a dividend?

As of July 2026, TIGO paid a dividend of 5.50 USD in the last 12 months. The last dividend was paid on 2027-04-08 and the payout was 0.75 USD.

How often does TIGO pay dividends?

TIGO pays dividends quarterly. Over the last 12 months, TIGO has issued 4 dividend payments. The last dividend payment was made on 2027-04-08.

TIGO dividend forecast

Based on historical data, the forecasted dividends per share for TIGO for the next payments are between 1.544 (+105.9%) and 1.743 (+132.4%). This represents a strong dividend growth compared to the last payment. The expected Yield for the next 12 months is about 6.90%.

Will TIGO pay dividends in 2026?

The latest dividend paid per share was 0.75 USD with an Ex-Dividend Date of 2027-04-08. The next Ex-Dividend date for Millicom International (TIGO) is 2026-10-08.

What is the next Ex-Dividend Date for TIGO?

The next Ex-Dividend date for Millicom International (TIGO) is 2026-10-08.

What is the Dividend Growth of TIGO?

TIGO's average dividend growth rate over the past 5 years is 41.1% per year. Strong growth: TIGO's dividend growth is outpacing inflation.

What is the Yield on Cost of TIGO?

TIGO's 5-Year Yield on Cost is 16.2%. If you bought TIGO's shares at 34.02 USD five years ago, your current annual dividend income (5.50 USD per share, trailing 12 months) equals 16.2% of your original purchase price.

What is the Payout Consistency of TIGO?

TIGO Payout Consistency is 100.0%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number. Very consistent: Millicom International has a strong track record of consistent dividend payments over its lifetime.

Does TIGO have a good Dividend Yield?

TIGO's 9.05% Dividend Yield is considered as very high. This is usually only sustainable for REITs, Asset Managements, MLPs or Covered Call ETFs.

What is the Dividend Payout Ratio of TIGO?

The Dividend Payout Ratio of TIGO is 146.4%. Dangerously high - this is usually not sustainable and may lead to a dividend cut or NAV decline.

What is the Dividend Rating of TIGO?

TIGO's Overall Dividend Rating is 77.17%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

TIGO Outstanding Shares Analysis

The Chart shows the outstanding shares over time per year.
What is the Trend in TIGO's Outstanding Shares?

Millicom International's outstanding shares have decreased by approximately 1.11% annually over the past 3 years (Trend Reliability: -55.6%). Slightly positive: The company is modestly reducing its share count through buybacks. This provides a small tailwind to earnings per share and dividend sustainability.

Has TIGO ever had a Stock Split?

Yes, the last stock split was on May 20, 2022 with a ratio of 1273:1000. This was a forward split: Each share became 1.27 shares, lowering the price proportionally. The dividend per share was also adjusted downward by the same ratio, so total dividend income remained unchanged.

YEAR NUMBER OF SHARES ANNUAL GROWTH RATE
1993 57,543,900 0%
1994 60,000,000 +4.27%
1995 65,833,300 +9.72%
1996 65,263,200 -0.87%
1997 64,301,100 -1.47%
1998 65,697,000 +2.17%
1999 64,604,800 -1.66%
2000 65,096,000 +0.76%
2001 65,153,300 +0.09%
2002 65,148,000 -0.01%
2003 65,300,000 +0.23%
2004 89,821,000 +37.55%
2005 99,721,000 +11.02%
2006 101,438,000 +1.72%
2007 108,037,000 +6.51%
2008 108,251,700 +0.2%
2009 108,763,000 +0.47%
2010 108,666,000 -0.09%
2011 103,837,000 -4.44%
2012 100,304,000 -3.4%
2013 99,885,000 -0.42%
2014 100,000,000 +0.12%
2015 100,142,000 +0.14%
2016 127,811,000 +27.63%
2017 128,077,200 +0.21%
2018 128,419,800 +0.27%
2019 128,838,900 +0.33%
2020 128,906,400 +0.05%
2021 164,448,300 +27.57%
2022 171,471,000 +4.27%
2023 171,770,000 +0.17%
2024 172,711,000 +0.55%
2025 168,000,000 -2.73%
2026 167,525,000 -0.28%

Key Metric Definitions

Dividend Yield

Annual dividend per share divided by current share price.

Payout Ratio

Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.

Payout FCF

Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.

Growth Rate (CAGR)

Compound annual growth rate of dividends over the last 5 years.

Consistency

Reliability of dividend payments over lifetime. Penalizes cuts and pauses.

Yield on Cost

Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.

Streak

Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.

Dividend Rating

Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-07-09 02:37 UTC