Dangote Cement Plc has approved a record N753.8 billion dividend payout to shareholders after increasing its dividend by 50 per cent from N30 to N45 per share, following a strong financial performance in 2025.
The dividend was approved at the company’s 17th Annual General Meeting (AGM) held in Lagos, making it the highest dividend payout in Dangote Cement’s history.
Chairman of the company, Emmanuel Ikazoboh, said the increased dividend reflects the company’s commitment to rewarding shareholders for their continued confidence and support.
“Our commitment remains to create sustainable value for all stakeholders. This significant dividend increase demonstrates the strength of our business model, our disciplined approach to capital allocation and our confidence in the future,” Ikazoboh said.
He noted that despite a challenging business environment, the company delivered a strong financial performance in 2025, with earnings per share rising to N59.86.
Group Managing Director and Chief Executive Officer, Arvind Pathak, said the record dividend was supported by the company’s strong earnings and healthy balance sheet.
According to him, the 50 per cent increase in dividend demonstrates Dangote Cement’s robust earnings capacity and strong cash generation.
“As we continue to execute our pan-African growth strategy, we remain committed to creating lasting value for our shareholders, investing in the future of the business, and supporting Africa’s industrial development,” Pathak said.
He disclosed that the company continues to expand its footprint across Africa through strategic investments and capacity expansion projects.
In 2025, Dangote Cement commissioned a three-million-tonne-per-annum grinding plant in Côte d’Ivoire, increasing its total installed production capacity to 55 million tonnes per annum (Mta) across 11 African countries.
Pathak added that the company remains on course to expand its installed capacity to 80 million tonnes per annum by 2030, while pursuing operational efficiency, increasing exports, improving sustainability initiatives and enhancing shareholder value.
He also highlighted ongoing investments in logistics, energy efficiency, alternative fuels and plant modernisation as key drivers of the company’s competitive advantage across its African operations.
