By Peace Udugba
Dangote Cement Plc has approved a record dividend payout of N753.8 billion to its shareholders, increasing the dividend by 50 per cent from N30 per share to N45 per share following its impressive financial performance in the 2025 financial year.
The dividend was approved by shareholders at the company’s Annual General Meeting (AGM), making it the highest dividend payout in the history of Dangote Cement.
The company said the increase reflects its strong earnings, robust cash generation and commitment to delivering sustainable value to shareholders.
Dangote Cement recorded a landmark financial performance in 2025, with earnings per share rising significantly to N59.86, despite prevailing macroeconomic challenges.
Chairman of Dangote Cement Plc, Emmanuel Ikazoboh, said the increased dividend demonstrates the company’s commitment to rewarding shareholders for their confidence and continued support.
“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.
Ikazoboh added that the company would continue to uphold the highest standards of corporate governance and operational excellence while delivering superior returns to investors.
According to the company, it has distributed more than N3.3 trillion in dividends to shareholders over the past 15 years, reinforcing its reputation as one of the Nigerian Exchange’s most rewarding stocks.
Group Managing Director and Chief Executive Officer, Arvind Pathak, said the latest dividend increase was backed by the company’s strong financial performance and healthy balance sheet.
“The decision to increase our dividend by 50 per cent to N45 per share demonstrates the strength of Dangote Cement’s earnings capacity and cash generation capability. As we continue to execute our pan-African growth strategy, we remain committed to creating lasting value for our shareholders while supporting Africa’s industrial development,” he said.
Pathak disclosed that Dangote Cement commissioned a three-million-tonne-per-annum grinding plant in Côte d’Ivoire in 2025, increasing the company’s total installed production capacity to 55 million tonnes per annum across 11 African countries.
He said the company remains on course to achieve its long-term target of expanding installed capacity to 80 million tonnes per annum by 2030, while improving operational efficiency, boosting exports, promoting sustainability initiatives and enhancing shareholder returns.
The company noted that its continued investments in logistics, energy efficiency, alternative fuels and plant modernisation have strengthened its competitive advantage across African markets.
Industry analysts say the record dividend payout reflects management’s confidence in the company’s future earnings outlook and further reinforces Dangote Cement’s position as one of the leading blue-chip companies listed on the Nigerian Exchange.
As Africa’s largest cement producer, Dangote Cement said it remains committed to promoting self-sufficiency in cement and clinker production across the continent while supporting industrialisation, economic growth and long-term value creation for shareholders.
