Millicom stock reaches its October 8 ex dividend date

Published on 10/08/2026 at 06:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Millicom stock reaches its October 8 ex dividend date for a USD 0.75 payout. Q2 revenue rose 59.4 percent to USD 2.18 billion, while equity free cash flow hit USD 327 million.

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Millicom stock (ISIN LU0038705702) was last at USD 90.77 on Nasdaq on October 7, 2026 at 4:00 p.m. ET, up 0.34 percent. The shares reached their October 8 ex-dividend date for a USD 0.75 cash payment, according to Yahoo Finance.

Dividend date meets cash generation

The quarterly payment follows Millicom's Q2 2026 report, which combined acquisition-led revenue growth with record cash generation. Revenue rose 59.4 percent year over year to USD 2.18 billion, while adjusted EBITDA increased 58 percent to USD 1.01 billion, as Yahoo Finance reported on September 17, 2026.

Equity free cash flow reached USD 327 million in Q2 2026, up 50.1 percent from a year earlier. The company also raised full-year 2026 equity free cash flow guidance from at least USD 900 million to USD 1.1 billion and lowered its year-end leverage target to below 2.5 times, according to ScanX on September 17, 2026.

Profit weakness complicates the picture

Net profit attributable to company owners fell 83.9 percent year over year to USD 109 million in Q2 2026, down from USD 676 million. The decline reflected integration costs tied to the company's acquisitions, creating a clear gap between operating performance and bottom-line earnings.

Organic growth was more restrained than the reported revenue increase. Service revenue rose 4.3 percent organically in Q2 2026, compared with the 59.4 percent reported increase, while leverage declined to 2.73 times despite net debt of USD 8.1 billion.

Consensus remains below the stock

MarketBeat reported on October 3, 2026, that seven research firms held a Hold consensus, split between three buys, three holds and one sell. The average 12-month price target was USD 85.68, while the highest target was USD 105.00 and the lowest was USD 60.10, according to MarketBeat. The average target sits 5.60 percent below the October 7 price, while the stock remains 15.27 percent below its 52-week high of USD 107.13.

Millicom's market capitalization stood at USD 15.2 billion on October 7, 2026, with volume of 554,416 shares. The 52-week range was USD 44.88 to USD 107.13, leaving cash conversion, integration progress and leverage as the central measures for the next results cycle.

Millicom stock stands below its yearly high

Millicom stock was last at USD 90.77 on Nasdaq on October 7, 2026, with the October 7 session range at USD 89.88 to USD 91.84. The next earnings date is November 5, 2026, according to Yahoo Finance.