Dangote Cement pays N3.3trn to shareholders in 15 years

Shareholders of Dangote Cement Plc will receive a dividend of N45 per share for the 2025 financial year, representing a 50 per cent increase from the previous payout. The latest distribution brings the company’s total dividend payment to more than N3.3 trillion over the past 15 years, highlighting its continued commitment to delivering value to investors.

The increased dividend reflects the company’s business performance, financial resilience and strategy of balancing business expansion with returns to shareholders. Over the years, investors have also benefited from capital appreciation in the company’s shares.

Chairman of Dangote Cement, Emmanuel Ikazoboh, said the company remains focused on creating sustainable value for stakeholders through strong 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,” he said.

Dangote Cement has maintained a strong dividend record on the Nigerian Exchange, having previously increased its dividend from N20 per share to N30 per share, representing a 50 per cent rise.

Group Managing Director and Chief Executive Officer, Arvind Pathak, said the company’s growth plans remain centred on expanding production capacity, improving operational efficiency and strengthening its presence across Africa.

According to him, the Board’s decision to increase the dividend to N45 per share reflects the company’s earnings strength and cash generation 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. Our shareholders have stood by us throughout our journey, and we are delighted to reward that trust with another significant increase in returns,” Pathak said.

He stated that Dangote Cement is targeting an installed production capacity of 80 million tonnes per annum by 2030 through strategic investments across the continent.

Pathak noted that the company commissioned a three-million-tonne-per-annum grinding plant in Côte d’Ivoire in 2025, expanding its footprint in West Africa. He added that the company now has fully commissioned operations in 11 African countries, with a total 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.

He said the company remains committed to its vision of making Africa self-sufficient in cement and clinker production while sustaining strong returns for shareholders.

Dangote Cement said its dividend record reflects the success of its long-term growth strategy, which has seen the company become Africa’s largest cement producer with operations across ten African countries.

It added that continued investments in production capacity, logistics, energy efficiency and innovation have strengthened its earnings and market position.

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