Millicom (Tigo) declares $2.50 per share interim dividend to be paid in two equal installments on October 15, 2025 and April 15, 2026

Rhea-AI Summary

Millicom (NASDAQ:TIGO) has announced an interim dividend of $2.50 per share, to be distributed in two equal installments of $1.25 each. The first payment is scheduled for October 15, 2025, with a record date of October 8, 2025, while the second payment will be made on April 15, 2026, with a record date of April 8, 2026.

The dividend payments will be made in U.S. dollars and will be subject to a 15% Luxembourg withholding tax. Shareholders may be eligible for reduced withholding tax rates under certain conditions and are advised to consult their tax advisors regarding potential tax implications.

Positive

• Declaration of substantial $2.50 per share interim dividend
• Structured payment plan with two equal installments provides predictable income for shareholders
• Dividend payments to be made in U.S. dollars, providing currency stability

Negative

• 15% Luxembourg withholding tax applies to dividend payments

News Market Reaction – TIGO

+7.59%

20 alerts

+7.59% News Effect

+$516M Valuation Impact

$7.32B Market Cap

0.9x Rel. Volume

On the day this news was published, TIGO gained 7.59%, reflecting a notable positive market reaction. Our momentum scanner triggered 20 alerts that day, indicating elevated trading interest and price volatility. This price movement added approximately $516M to the company's valuation, bringing the market cap to $7.32B at that time.

Data tracked by StockTitan Argus on the day of publication.

Luxembourg, August 6, 2025 – In line with the press release published on June 13, 2025, the Board of Directors of Millicom International Cellular S.A. (“Millicom”) approved the interim dividend of $2.50 per share, to be paid in two equal installments of $1.25 per share on October 15, 2025 and April 15, 2026. Other important dates and information relating to the Interim Dividend are as follows:

• First Installment Interim Dividend Payment

First Installment Interim Dividend Record Date: October 8, 2025. The first installment of the Interim Dividend Payment of $1.25 per share will be paid to shareholders who are registered in the U.S. with Broadridge (including DTCC) on October 8, 2025, at 23.59 CET.

Ex-Dividend Date: October 8, 2025. The last trading day on which shares acquired will be eligible to receive the First Installment Interim Dividend Payment will be October 7, 2025.

Currency: The dividends will be paid in U.S. dollars.              

First Installment Interim Dividend Payment: On October 15, 2025.

• Second Installment Interim Dividend Payment

Second Installment Interim Dividend Record Date: April 8, 2026. The Second Installment Interim Dividend Payment of $1.25 per share will be paid to shareholders who are registered in the US with Broadridge (including DTCC), on April 8, 2026, at 23.59 CET.

Ex-Dividend Date: April 8, 2026. The last trading day on which shares acquired will be eligible to receive the Second Installment Interim Dividend Payment will be April 7, 2026. 

Currency: The dividends will be paid in U.S. dollars.

The Second Installment Interim Dividend Payment Date: On April 15, 2026.

In accordance with Luxembourg income tax law, the payment of the Interim Dividend will be subject to a 15% withholding tax. Millicom will withhold the 15% withholding tax and pay this amount to the Luxembourg tax administration. The Interim Dividend will be paid net of withholding tax. However, under certain conditions a reduced withholding tax rate may apply. Millicom shareholders should consult their tax advisors regarding potential tax implications.

-END-

For further information, please contact

Press:   Sofía Corral, Director Corporate Communications press@millicom.com

Investors: Investor Relations investors@millicom.com

About Millicom

Millicom (NASDAQ: TIGO) is a leading provider of fixed and mobile telecommunications services in Latin America. Through its TIGO® and Tigo Business® brands, the company provides a wide range of digital services and products, including TIGO Money for mobile financial services, TIGO Sports for local entertainment, TIGO ONEtv for pay TV, high-speed data, voice, and business-to-business solutions such as cloud and security. As of March 31, 2025, Millicom, including its Honduras Joint Venture, employed approximately 14,000 people and provided mobile and fiber-cable services through its digital highways to more than 46 million customers, with a fiber-cable footprint over 14 million homes passed. Founded in 1990, Millicom International Cellular S.A. is headquartered in Luxembourg with principal executive offices in Doral, Florida.

FAQ

What is the amount of Millicom's (TIGO) interim dividend for 2025-2026?

Millicom has declared an interim dividend of $2.50 per share, to be paid in two equal installments of $1.25 each.

When will Millicom (TIGO) pay its interim dividend installments?

The first installment of $1.25 will be paid on October 15, 2025, and the second installment of $1.25 will be paid on April 15, 2026.

What is the record date for Millicom's (TIGO) dividend payments?

The record date for the first installment is October 8, 2025, and for the second installment is April 8, 2026.

What is the tax treatment for Millicom's (TIGO) dividend payments?

The dividend payments are subject to a 15% Luxembourg withholding tax, though some shareholders may be eligible for reduced rates under certain conditions.

In what currency will Millicom (TIGO) pay its dividend?

The dividend will be paid in U.S. dollars.