Millicom International Cellular: 11% Dividend Yield, Near-Term Catalysts, Potential For Nearly 60% Upside
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Millicom International Cellular is offering an 11% dividend yield and has potential for a 60% upside as it transitions to an exclusive US listing. The company has a strong market position in Central and South America, significant free cash flow, and low financial leverage. Share repurchases and a robust dividend provide downside protection, with institutional demand expected to drive valuation normalization.

February 01, 2025 | 4:45 am
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Millicom International Cellular is transitioning to an exclusive US listing, offering an 11% dividend yield and potential for a 60% upside. The company has a strong market position in Central and South America, significant free cash flow, and low financial leverage. Share repurchases and a robust dividend provide downside protection, with institutional demand expected to drive valuation normalization.
Millicom's transition to a US listing is a significant move that simplifies its shareholder base, potentially increasing institutional demand. The company's strong market position, significant free cash flow, and low financial leverage are positive indicators. The 11% dividend yield and share repurchases provide downside protection, making the stock attractive to investors. These factors contribute to the potential for a 60% upside, positively impacting the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100