Millicom International Cellular SA (TIGO) Dividends & Splits

Millicom International Cellular SA (TIGO) is a global telecommunications company that provides mobile, cable, and digital services to customers in various emerging markets. As a publicly traded company, Millicom has a history of paying dividends to its shareholders. Dividends are a way for companies to distribute a portion of their profits to shareholders. The dividend yield is a measure of how much cash an investor receives for each dollar invested in a company's stock. It is calculated by dividing the annual dividend payment by the stock price. The payout ratio is the percentage of a company's earnings that is paid out as dividends.

Millicom International Cellular SA (TIGO) has a dividend ex-date, which is the date on which a stock begins trading without the right to receive the upcoming dividend payment. This date is typically set by the stock exchange and is important for investors to be aware of if they want to receive the dividend. Millicom International Cellular SA (TIGO) has also undergone stock splits in the past. A stock split is when a company divides its existing shares into multiple new shares. The split multiple refers to the ratio at which the shares are split. For example, a 2-for-1 split would result in each shareholder receiving two shares for every one share they previously owned.