Millicom International Cellular S.A.
MLCMFCommunication Services · Stock · semiannual payer
Forward Yield
—
Annual Dividend
$3.00
Payout Ratio
48%
5-Yr Growth
—
Ex-Date
Jan 2, 2025
Frequency
Semiannual
Summary
As of July 2026, Millicom International Cellular S.A. (MLCMF) yields — ($3.00 per share annually), with a blended fair-value estimate of $42.75 — +43% upside, so it screens as undervalued. Dividend safety grade: D (44/100).
Is MLCMF a good dividend stock?
MixedMillicom International Cellular S.A. (MLCMF) pays a semiannual dividend yielding — ($3.00/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
- Comfortable payout ratio (48%)
Risks
- Cut its dividend in 2018
- Share price is down over the past 5 years
- Below-average dividend safety score
Key Data
- Dividend Yield
- —
- Payout Ratio
- 48%
- Annual Dividend
- $3.00
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- Jan 2, 2025
- Years of Growth
- 0
- Frequency
- semiannual
- Beta
- 0.90
- Market Cap
- $5.0B
- P/E Ratio
- 14.4
- 5-Yr Total Return
- -24%
- 52-Week Range
- $30.00 – $30.00
- Dividend Safety
- D · 44/100
- Ever Cut?
- Yes (2018)
Frequently Asked Questions
MLCMF Price — Last 12 Months
Daily close
Price Return
1 Year
+0%
3 Years
+63%
5 Years
-24%
52-Week Range
$30.00 – $30.00
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is MLCMF worth?
Undervaluedmedium confidenceOur blended fair-value estimate for Millicom International Cellular S.A. is $42.75 per share, versus a market price of $30.00. That implies 43% of upside — a margin of safety of about 30%.
Fair Value
$42.75
Current Price
$30.00
Upside
+43%
Margin of Safety
30%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model 4.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 8.8% discount rate (CAPM), 4.0% stage-1 growth, 2.5% terminal growth, $2.09 EPS, $3.00 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
MLCMF Dividend Safety Score
Risky
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jan 2, 2025 | — | $1.0000 | regular |
| Nov 5, 2019 | — | $1.3200 | regular |
| May 3, 2019 | — | $1.3200 | regular |
| Nov 7, 2018 | — | $1.3200 | regular |
| May 7, 2018 | — | $1.3200 | regular |
| May 5, 2017 | — | $2.6400 | regular |
| May 18, 2016 | — | $2.3271 | regular |
| May 18, 2016 | — | $2.3038 | regular |
| May 18, 2016 | — | $2.2981 | regular |
| May 18, 2016 | — | $2.2707 | regular |
| May 18, 2016 | — | $2.2332 | regular |
| May 18, 2015 | — | $2.3282 | regular |
| May 18, 2015 | — | $2.3048 | regular |
| May 18, 2015 | — | $2.2991 | regular |
Income Calculator
At $3.00 / yr per share
