Millicom International Cellular S.A. announced that its board has approved a new shareholder remuneration policy. The policy includes resuming regular cash dividends, sustaining or growing cash dividends annually, and maintaining a prudent capital structure with a long-term leverage target range of 2.0-2.5x.
Following the interim dividend of $1.00 per share paid on January 10, the Board plans to approve an additional interim dividend of $0.75 per share, to be paid in April 2025, after the publication of Millicom's fourth-quarter 2024 results.
Furthermore, the Board intends to propose for approval at the Annual General Meeting of shareholders in Luxembourg on May 21, 2025, a dividend of $3.00 per share, payable in four equal quarterly installments.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.