Millicom Tigo jumps to new peak as $3 dividend gets attention
Millicom International Cellular’s U.S. shares jumped 3.6% to $88.89 Tuesday afternoon, hitting that level for the session high. Investors kept leaning into the Latin America telecom’s cash-return angle. About 913,000 shares changed hands, putting the company’s market value near $15.3 billion. Millicom shares had already set a 52-week high at $87.31 on Monday, Investing.com said, and the stock had more than doubled over the last year. It broke above that high again on Tuesday.