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 Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2019-11-05 | $1.32 | semi annually | 2019-11-12 |
2019-05-03 | $1.32 | semi annually | 2019-05-10 |
Millicom International Cellular Dividend per year
Millicom International Cellular Dividend Yield
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
Millicom International Cellular Dividend FAQ
1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.
2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.
3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.
4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.
5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
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