Dangote Cement pays shareholders N753.8bn, raises dividend by 50%

Dangote Cement Plc has approved a record dividend payout of N753.8 billion to shareholders after raising its dividend by 50 per cent from N30 to N45 per share, following what the company described as an outstanding financial performance in 2025.

The dividend was approved by shareholders at the company’s Annual General Meeting (AGM), marking the highest payout in Dangote Cement’s history and reinforcing its position among the top dividend-paying companies on the Nigerian Exchange.

The company said the increase reflected its strong earnings, robust cash generation and disciplined execution of its long-term growth strategy.

Chairman of Dangote Cement, Emmanuel Ikazoboh, said the higher dividend demonstrated the company’s commitment to rewarding shareholders for their continued confidence in the business.

According to him, the company remains focused on creating sustainable value for stakeholders while maintaining sound corporate governance and operational excellence.

“Our commitment remains to create sustainable value for all stakeholders. This significant increase in dividend demonstrates the strength of our business model, our disciplined approach to capital allocation, and our confidence in the future,” he said.

Dangote Cement reported earnings per share of N59.86 for the 2025 financial year despite prevailing macroeconomic challenges, a performance the company attributed to operational efficiency and business resilience.

Group Managing Director and Chief Executive Officer, Arvind Pathak, said the record dividend was backed by the company’s healthy balance sheet and strong earnings capacity.

He noted that Dangote Cement would continue pursuing its pan-African expansion strategy while delivering value to shareholders.

Pathak disclosed that the company commissioned a three-million-tonne-per-annum grinding plant in Côte d’Ivoire during the year, increasing its total installed production capacity to 55 million tonnes annually across 11 African countries.

He added that Dangote Cement remains on course to expand its installed capacity to 80 million tonnes per annum by 2030 through continued investments in capacity expansion, logistics, energy efficiency, alternative fuels and plant modernisation.

The company also highlighted its long-standing record of rewarding investors, noting that it has distributed more than N3.3 trillion in dividends over the past 15 years.

Dangote Cement said it would continue pursuing its vision of making Africa self-sufficient in cement and clinker production while supporting industrialisation and delivering sustainable returns to shareholders.