Millicom International Cellular (Millicom International Cellular) Forward Dividend Yield % : 0.00% (As of Apr. 26, 2024)

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What is Millicom International Cellular Forward Dividend Yield %?

As of today (2024-04-26), the Forward Annual Dividend Yield of Millicom International Cellular is 0.00%.

As of today (2024-04-26), the Trailing Annual Dividend Yield of Millicom International Cellular is 0.00%.

TIGO's Forward Dividend Yield % is not ranked ^*
in the Telecommunication Services industry.
Industry Median: 4.52
* Ranked among companies with meaningful Forward Dividend Yield % only.

Millicom International Cellular's Dividends per Share for the three months ended in Dec. 2023 was $0.00.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Millicom International Cellular was 24.60% per year. The lowest was 3.20% per year. And the median was 13.60% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Competitive Comparison of Millicom International Cellular's Forward Dividend Yield %

For the Telecom Services subindustry, Millicom International Cellular's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Millicom International Cellular's Forward Dividend Yield % Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Millicom International Cellular's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Millicom International Cellular's Forward Dividend Yield % falls into.

Millicom International Cellular Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Millicom International Cellular (NAS:TIGO) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.

Millicom International Cellular Forward Dividend Yield % Related Terms

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Millicom International Cellular (Millicom International Cellular) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Millicom International Cellular SA (NAS:TIGO) » Definitions » Forward Dividend Yield %

Comparable Companies

Traded in Other Exchanges

TIGO SDB:Sweden TIGOs:UK 0GRK:UK M4M1:Germany M4M1:Germany M4M:Germany

Address

2, Rue du Fort Bourbon, Luxembourg, LUX, L-1249

Website

https://www.millicom.com

Millicom offers wireless and fixed-line telecom services primarily in smaller, less congested markets or in less developed countries in Latin America. Countries served include Bolivia (100% owned), Nicaragua (100%), Panama (100%), El Salvador (100%), Guatemala (100%), Paraguay (100%), Colombia (50%), Costa Rica (100%) and Honduras (67% but not controlled or consolidated in the firm's financial statements). The firm's fixed-line networks reach nearly 13 million homes while its wireless networks cover about 120 million people. Increasingly, Millicom offers a converged package that may include fixed-line phone, broadband, and pay television in conjunction with wireless services. The firm plans to carve out its infrastructure assets and mobile financial services business in 2023.