When a company sends cash directly to its stockholders, separate from any move in the share price, that payment is called a dividend. TIGO has declared one worth USD 0.75 per share, with the money scheduled to reach shareholders on April 15, 2027.
The announcement specifies three dates, and each does a different job.
The record date is April 8, 2027. This is when TIGO checks its official shareholder register and determines who qualifies for the payment. Eligibility comes from ownership on that date, not from when the dividend was declared or when it is paid.
The ex-dividend date is also April 8. In plain terms, most equity markets take one business day to settle a trade. A purchase made on April 8 settles on April 9, the day after the register closes. Because that buyer's name will not appear on the April 8 register, they do not receive the USD 0.75. The ex-dividend date is the formal market marker for that cutoff. Own TIGO before April 8 and the payment is yours. Buy on or after April 8 and the USD 0.75 per share goes to the seller.
The one-day settlement gap is why the ex-dividend date and the record date fall on the same calendar day. Standard settlement convention, not a coincidence in the filing.
The cash itself moves on April 15, 2027, one week after the record date.
The declaration covers the per-share amount, three calendar dates, and TIGO as the issuing company. Earnings context and payout ratio data are absent. There is no guidance on future distributions.
For shareholders already holding TIGO, April 15 is when the money arrives. For anyone weighing a purchase, April 8 is the cutoff that counts.