Dangote Cement rewards shareholders with N753.8bn dividend, pays N45 per share
Dangote Cement Announces 50% Dividend Increase for Shareholders
By Mather Godwin
Dangote Cement Plc has declared a 50% increase in its dividend payout, raising the amount from N30 to N45 per share. This change results in a total dividend distribution of approximately N753.8 billion and reinforces the company’s status as a leading investment on the Nigerian Exchange (NGX).
The decision follows Dangote Cement’s strong financial performance in 2025 and emphasizes the company’s commitment to enhancing shareholder value. Shareholders approved the increase at the company’s Annual General Meeting (AGM), marking the largest dividend payout in its history. This reflects the firm’s solid earnings, strong cash generation abilities, and a disciplined growth strategy.
In its 2025 financial results, Dangote Cement reported a substantial increase in earnings per share, which rose to N59.86, highlighting the company’s resilience amid economic challenges.
Emmanuel Ikazoboh, Chairman of Dangote Cement, stated that the enhanced dividend payout illustrates the company’s dedication to rewarding shareholders for their ongoing support.
“Our commitment remains to create sustainable value for all stakeholders. This significant increase in dividend reflects the strength of our business model, disciplined capital allocation, and confidence in our future. We appreciate the trust our shareholders have placed in us over the years and are dedicated to delivering superior returns while adhering to high standards of corporate governance and operational excellence,” he said.
The company’s dividend history continues to set benchmarks in the Nigerian capital market.
Group Managing Director and Chief Executive Officer Arvind Pathak noted that the increase is supported by the company’s robust financial performance and solid balance sheet.
“The decision to raise our dividend by 50% to N45 per share underscores our earnings capacity and cash generation capability. As we pursue our pan-African growth strategy, we remain focused on delivering lasting value for our shareholders while investing in the future of the business and supporting Africa’s industrial development. Our shareholders have supported us throughout our journey, and we are pleased to reward that trust with this significant increase in returns,” Pathak said.