Dangote Cement Plc has approved a record dividend payout of N753.8 billion, representing N45 per ordinary share for the 2025 financial year, a 50 per cent increase from the N30 per share paid in 2024.
The dividend, which is the highest in the company’s history, was approved by shareholders at the company’s 17th Annual General Meeting (AGM) held in Lagos.
The increased payout reflects Dangote Cement’s strong financial performance, resilient earnings, and robust cash generation despite operating in a challenging economic environment.
Chairman of Dangote Cement Plc, Emmanuel Ikazoboh, said the dividend increase demonstrates the company’s commitment to rewarding shareholders for their continued confidence and support.
According to him, the company remains focused on creating sustainable value for all stakeholders while maintaining sound corporate governance and operational excellence.
Group Managing Director and Chief Executive Officer, Arvind Pathak, said the higher dividend was supported by the company’s strong earnings capacity and healthy balance sheet.
He noted that Dangote Cement would continue executing its pan-African expansion strategy while investing in capacity growth, operational efficiency, sustainability initiatives and improved shareholder returns.
The company also highlighted its continued expansion across Africa, including the commissioning of a 3-million-tonne-per-annum grinding plant in Côte d’Ivoire, bringing its total installed production capacity to 55 million tonnes per annum across 11 African countries.
Dangote Cement said it remains committed to achieving its long-term target of expanding installed capacity to 80 million tonnes per annum by 2030, while strengthening investments in logistics, energy efficiency, alternative fuels and plant modernisation.
Over the past 15 years, the company has returned more than N3.3 trillion in dividends to shareholders, reinforcing its position as one of the Nigerian Exchange’s most rewarding blue-chip stocks and a leading wealth creator for investors.
