Millicom International Cellular S.A. provides cable and mobile services in Latin America and Africa. The company offers mobile services, including mobile data and voice; short message service; and mobile financial services, such as payments, money transfers, international remittances, savings, real-time loans, and micro-insurance. It also provides cable and other fixed services, including broadband, content, fixed voice, and pay-TV to residential consumers; and fixed, managed services, cloud and security solutions, and value-added services to small, medium, and large businesses, as well as governmental entities. As of December 31, 2021, the company served 44.9 million mobile customers; and 12.7 million cable homes. It markets its products and services under Tigo and Tigo Business brands. The company was founded in 1990 and is headquartered in Luxembourg.
Millicom International Cellular Dividend Announcement
• Millicom International Cellular announced a semi annually dividend of $1.32 per ordinary share which will be made payable on 2019-11-12. Ex dividend date: 2019-11-05 • Millicom International Cellular's trailing twelve-month (TTM) dividend yield is -%
Millicom International Cellular current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Millicom International Cellular stock? Use our calculator to estimate your expected dividend yield:
Millicom International Cellular Financial Ratios
P/E ratio28.85
PEG ratio0.03
P/B ratio1.20
ROE4.32%
Payout ratio0.00%
Current ratio0.97
Quick ratio0.95
Cash Ratio0.28
Millicom International Cellular Dividend FAQ
How much is the next Millicom International Cellular dividend?
Millicom International Cellular's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Millicom International Cellular dividend. The next Millicom International Cellular dividend will be released in May, or November.
When is Millicom International Cellular dividend paid?
Millicom International Cellular pays dividends on a semi annually basis. The specific dates may vary each year but are generally around May, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Millicom International Cellular pay?
The specific amount of Millicom International Cellular dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Millicom International Cellular's dividend history.
Does Millicom International Cellular stock pay dividends?
Yes, Millicom International Cellular does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Millicom International Cellular's dividend history.
How much dividend does Millicom International Cellular pay?
Millicom International Cellular paid $0.0 in 2024, $0.0 in 2023, $0.0 in 2022, $0.0 in 2021, and $0.0 in 2020.
How often does Millicom International Cellular pay dividends?
Millicom International Cellular typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around May, and November.
What is Millicom International Cellular's dividend yield?
The current dividend yield for Millicom International Cellular is -%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Millicom International Cellular's exact dividend yield.
When does Millicom International Cellular go ex dividend?
Millicom International Cellular's ex-dividend date for the latest dividend was on 2019-11-05. Millicom International Cellular typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Millicom International Cellular dividend paid?
Millicom International Cellular pays dividends on a semi annually basis, typically around May, or November, but the exact dates can vary each year.
Will Millicom International Cellular increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Millicom International Cellular will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Millicom International Cellular dividend per share?
Millicom International Cellular paid $0.0 per share in 2024 and $0.0 per share in 2023. The amount of dividend per share that Millicom International Cellular pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Millicom International Cellular a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Millicom International Cellular a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Millicom International Cellular a dividend stock?
Yes, Millicom International Cellular is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Millicom International Cellular a good dividend stock?
Whether Millicom International Cellular is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Millicom International Cellular has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Millicom International Cellular as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Millicom International Cellular pay dividends monthly?
Millicom International Cellular typically pays dividends on a semi annually basis.
Does Millicom International Cellular pay dividends quarterly?
Millicom International Cellular currently pays dividends on a semi annually basis.
Has Millicom International Cellular ever paid a dividend?
Yes, Millicom International Cellular has a history of paying dividends to its shareholders. Millicom International Cellular is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Millicom International Cellular dividend stocks?
To buy Millicom International Cellular you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Millicom International Cellular stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Millicom International Cellular pay dividends 2024?
Millicom International Cellular pays dividends on a semi annually basis. 2024 dividend payments are in 2019-11-12. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Millicom International Cellular increase its dividend in 2024?
Decisions regarding Millicom International Cellular dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Millicom International Cellular dividend overview you can look into the above table of dividend history.
How Millicom International Cellular dividend works?
The Millicom International Cellular dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Millicom International Cellular's dividend process works:
1. Determination of Dividend: Millicom International Cellular's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Millicom International Cellular publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Millicom International Cellular distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Millicom International Cellular are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Millicom International Cellular dividends paid?
Millicom International Cellular dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Millicom International Cellular sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Millicom International Cellular distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Millicom International Cellular declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Millicom International Cellular pay dividends?
Millicom International Cellular typically pays dividends on a semi annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Millicom International Cellular pay dividends?
The general pattern is that Millicom International Cellular pays dividends around May, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Millicom International Cellular dividend safe?
The safety of Millicom International Cellular's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Millicom International Cellular's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Millicom International Cellular's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.