Dangote Cement Plc has announced a 50 per cent increase in its dividend payment to shareholders, raising the dividend from N30 per share to N45 per share. The decision brings the company’s total dividend payout to about N753.8 billion, making it the largest dividend distribution in the company’s history.
The dividend was approved by shareholders during the company’s Annual General Meeting (AGM) following its impressive financial performance in 2025. The increase highlights Dangote Cement’s commitment to rewarding investors and maintaining its reputation as one of the leading companies on the Nigerian Exchange (NGX).
The company said the higher dividend reflects its strong earnings, healthy cash flow and successful execution of its long-term business strategy. It also demonstrates confidence in the company’s future growth despite economic challenges.
Dangote Cement recorded an outstanding financial performance in 2025, with earnings per share increasing to N59.86. The company attributed this achievement to improved operational efficiency, strong market performance and effective management of its business across Africa.
Speaking on the dividend increase, Chairman of Dangote Cement, Emmanuel Ikazoboh, said the company remains focused on creating lasting value for shareholders who have continued to support its growth over the years.
According to him, the increase is a reflection of the company’s strong business model, disciplined financial management and confidence in its future prospects. He also expressed appreciation to shareholders for their trust and assured them that Dangote Cement would continue to maintain high standards of corporate governance and operational excellence.
Ikazoboh added that the company is committed to delivering consistent returns while pursuing sustainable growth that benefits all stakeholders.
Over the past 15 years, Dangote Cement has paid more than N3.3 trillion in dividends to shareholders, making it one of the highest dividend-paying companies in Nigeria. The latest increase follows another 50 per cent dividend rise in the previous year when the payment moved from N20 per share to N30 per share, showing a consistent pattern of rewarding investors.
Group Managing Director and Chief Executive Officer, Arvind Pathak, also described the dividend increase as a result of the company’s strong financial position and solid balance sheet.
He said the company remains committed to delivering long-term value to shareholders while investing in projects that support future growth across Africa. According to him, Dangote Cement will continue expanding its operations while contributing to the industrial development of the continent.
Pathak revealed that the company recently commissioned a three-million-tonne-per-year grinding plant in Côte d’Ivoire, strengthening its operations in West Africa. With the new facility, Dangote Cement’s total installed production capacity has increased to 55 million tonnes per annum across 11 African countries.
He noted that the company is working towards increasing its production capacity to 80 million tonnes per annum by 2030. To achieve this, Dangote Cement plans to continue investing in plant upgrades, energy efficiency, alternative fuel usage, improved logistics and sustainability initiatives.
Industry analysts believe the record dividend payment sends a positive message to investors, showing management’s confidence in the company’s future earnings. They also say the move further strengthens Dangote Cement’s position as one of the most reliable blue-chip companies on the Nigerian Exchange, making it an attractive option for both existing and potential investors.
