Dangote Cement Rewards Shareholders With Record N753.8bn Dividend

Dangote Cement Plc has approved a record dividend payout of about N753.8 billion to shareholders, after raising its dividend from N30 per share to N45 per share.

The new dividend represents a 50 percent increase and stands as the highest payout in the company’s history. It also strengthens Dangote Cement’s position as one of the most rewarding stocks on the Nigerian Exchange.

The dividend was approved by shareholders at the company’s Annual General Meeting, following a strong financial performance in 2025.

For the year under review, Dangote Cement recorded earnings per share of N59.86, reflecting the company’s strong earnings base, cash generation capacity and ability to remain resilient despite Nigeria’s challenging operating environment.

Chairman of Dangote Cement, Emmanuel Ikazoboh, said the increased dividend shows the company’s commitment to rewarding investors who have continued to support the business over the years.

According to him, Dangote Cement remains focused on building long-term value for all stakeholders while maintaining strong corporate governance and operational standards.

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

He added that the company remains grateful for the trust shareholders have shown and will continue to focus on delivering strong returns.

Group Managing Director and Chief Executive Officer of Dangote Cement, Arvind Pathak, also said the dividend increase was supported by the company’s strong financial position and healthy balance sheet.

He said the company’s ability to raise dividend by 50 percent reflects its earnings strength and cash flow capacity.

Pathak added that Dangote Cement would continue to pursue its pan-African growth strategy while investing in the future of the business and supporting Africa’s industrial development.

“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,” he said.

Dangote Cement has, over the years, built a strong dividend record in the Nigerian capital market, making it one of the major companies closely watched by investors seeking steady returns.

The latest payout further reinforces the company’s reputation as a major wealth creator for shareholders and one of the strongest corporate performers listed on the NGX.