Shareholders of Dangote Cement Plc are set to receive a record dividend of N45 per share for the 2025 financial year, representing a 50 per cent increase from the previous year’s payout as the company surpassed N3.3 trillion in total dividend payments over the past 15 years.
The dividend increase reinforces the company’s position as one of the Nigerian capital market’s top dividend-paying firms and reflects its sustained commitment to delivering long-term value to investors.
Dangote Cement said the latest payout underscores the strength of its business model, resilient financial performance and strategy of balancing business expansion with consistent shareholder returns.
Chairman of the company, Emmanuel Ikazoboh, said the company remains focused on creating sustainable value for all stakeholders through profitability, sound corporate governance and operational excellence.
“Our commitment remains to create sustainable value for all stakeholders. We are proud of the confidence reposed in us by our shareholders over the years, and we will continue to pursue strategies that enhance profitability, strengthen corporate governance, and deliver superior returns on investment,” Ikazoboh said.
The company noted that it had previously raised its dividend from N20 to N30 per share, maintaining a consistent record of rewarding shareholders despite prevailing economic challenges.
Group Managing Director and Chief Executive Officer, Arvind Pathak, said the enhanced dividend reflects the company’s strong earnings performance and cash-generating capacity.
“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, investing in the future of the business, and supporting Africa’s industrial development,” Pathak said.
He added that the company aims to expand its installed production capacity to 80 million tonnes per annum by 2030 through strategic investments across the continent.
According to him, Dangote Cement reached a major milestone in 2025 with the commissioning of a three-million-tonnes-per-annum grinding plant in Côte d’Ivoire, strengthening its presence in West Africa.
With the new facility, the company now operates fully commissioned assets in 11 African countries with a combined installed capacity of 55 million tonnes per annum, comprising 33.5 million tonnes in Nigeria and 19.7 million tonnes across its pan-African operations.
Pathak said the company remains committed to its vision of making Africa self-sufficient in cement and clinker production while continuing to deliver strong returns to shareholders.
Dangote Cement attributed its impressive dividend history to sustained investments in production capacity expansion, logistics, energy efficiency and innovation, which have helped consolidate its position as Africa’s largest cement producer.
