Key Highlights

  • Millicom's $0.75 quarterly Dividend installment trades ex-dividend October 8, 2026, with payment on October 15 under its $3.00 regular dividend.
  • A separate $1.50 Interim Dividend declared August 5 is in addition to the $3.00 and payable in two 2027 installments.
  • Second-quarter Revenue was $2.179 billion, up 59.4%, and adjusted EBITDA (non-GAAP) was $1.009 billion, up 58.0%.
  • Equity free Cash Flow (non-GAAP) was a record $327 million, and 2026 guidance was raised to about $1.1 billion.

Millicom International Cellular S.A. (NASDAQ:TIGO) has a $0.75 per share dividend installment payable October 15 with an October 8, 2026 ex-dividend date, a Yield of 3.32%. The installment is part of the $3.00 per share regular dividend. A separate $1.50 per share interim dividend was declared August 5, 2026.

Dividend Program and Shareholder Returns

Millicom stated that its $3.00 per share regular dividend, approved in May 2026, is payable quarterly over the next 12 months. The October 15 installment is $0.75 per share, and the shares trade ex-dividend on October 8.

On August 5, 2026, the company declared a $1.50 per share interim dividend. Millicom stated that the interim dividend is in addition to the $3.00 regular dividend and will be paid in two installments of $0.75 per share, on January 15, 2027 and April 15, 2027. The company described the interim dividend as incremental and cited its second-quarter performance as the basis for approving it. Each dividend remains subject to board approval.

About the Company

Millicom International Cellular S.A. is listed on the Nasdaq and files Form 6-K with the SEC as a foreign private issuer. The company reported second-quarter revenue of $2.179 billion and first-half revenue of $4.164 billion. First-half adjusted EBITDA (non-GAAP) was $1.866 billion. The second-quarter release referenced acquisitions in Colombia, Ecuador and Uruguay as part of recent portfolio expansion, and the company reported Leverage of 2.73x including those acquisitions.

Second-Quarter Revenue, EBITDA and Cash Flow

Millicom reported second-quarter revenue of $2.179 billion, up 59.4%, with organic growth of 4.3%. Operating profit was $462 million, and net profit attributable to owners was $109 million. Adjusted EBITDA, a non-GAAP measure, was $1.009 billion, up 58.0%, with organic growth of 9.1%.

Equity free cash flow, a non-GAAP measure, was $327 million, a quarterly record, up 50.1%. For the first half of 2026, revenue was $4.164 billion, adjusted EBITDA (non-GAAP) was $1.866 billion, and Equity free cash flow (non-GAAP) was $552 million.

Guidance, Leverage and Colombia

Millicom raised its 2026 equity free cash flow (non-GAAP) guidance to about $1.1 billion from at least $900 million. The company reported leverage of 2.73x, including acquisitions, and lowered its leverage target to below 2.5x from about 2.5x. It also reported that Coltel repaid about $102 million in July. Second-quarter organic revenue growth was 4.3%, against reported growth of 59.4%, and first-half equity free cash flow (non-GAAP) was $552 million.

Outlook

Millicom's $0.75 dividend installment is payable October 15 to shareholders of record on October 8, 2026, with the $1.50 interim dividend payable in two installments in 2027. Equity free cash flow (non-GAAP) relative to the roughly $1.1 billion guidance, leverage relative to the target of below 2.5x, and the Colombia acquisitions are the relevant considerations.