Dangote Cement Rewards Shareholders with Record N753.8bn Dividend, Raises Payout by 50% to N45 Per Share

Strong 2025 earnings, expansion across Africa, and robust cash flow drive highest dividend in the company’s history as shareholders approve landmark payout at AGM.

Dangote Cement Plc has reaffirmed its status as one of Nigeria’s most rewarding listed companies by announcing a record-breaking dividend payout of N753.8 billion, following shareholders’ approval of a 50 per cent increase in dividend from N30 to N45 per ordinary share at the company’s Annual General Meeting (AGM).
The historic payout, the largest in the company’s history, reflects Dangote Cement’s exceptional financial performance in 2025 and underscores its unwavering commitment to delivering sustainable value to shareholders despite challenging economic conditions.
The dividend increase follows a remarkable year in which the company recorded impressive earnings growth, strengthened its balance sheet, expanded its operations across Africa, and maintained strong cash generation capabilities.
Speaking at the AGM, Chairman of Dangote Cement Plc, Mr. Emmanuel Ikazoboh, described the enhanced dividend as a demonstration of the company’s confidence in its business fundamentals and long-term growth strategy.
According to him, the board remains committed to rewarding shareholders for their continued confidence while sustaining investments that will drive future expansion and profitability.
“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.
“We are grateful for the trust our shareholders have placed in us over the years and remain committed to delivering superior returns while maintaining the highest standards of corporate governance and operational excellence,” Ikazoboh stated.
Dangote Cement’s outstanding 2025 financial performance provided the foundation for the record dividend declaration. The company reported earnings per share of N59.86, highlighting its resilience, operational efficiency, and ability to navigate macroeconomic headwinds while maintaining profitability.
The latest payout further strengthens Dangote Cement’s reputation as a dependable wealth creator on the Nigerian Exchange (NGX). Over the past 15 years, the company has distributed more than N3.3 trillion in dividends to shareholders, making it one of the highest dividend-paying companies in Nigeria’s capital market.
Industry observers noted that the latest increase continues the company’s consistent dividend growth trajectory, following an earlier 50 per cent increase from N20 to N30 per share, reflecting management’s commitment to enhancing shareholder returns.
Group Managing Director and Chief Executive Officer, Mr. Arvind Pathak, attributed the generous dividend to the company’s strong earnings capacity, prudent financial management, and healthy cash flows.
“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 disclosed that Dangote Cement continues to deepen its footprint across Africa through strategic investments aimed at meeting rising demand for cement while boosting regional industrialisation.
Among its major milestones in 2025 was the commissioning of a three-million-tonne-per-annum grinding plant in Côte d’Ivoire, expanding the company’s production network and increasing its total installed cement production capacity to 55 million tonnes per annum (Mta) spread across 11 African countries.
Pathak said the company remains firmly on course to achieve its long-term strategic objective of increasing installed production capacity to 80 million tonnes per annum by 2030, while simultaneously driving operational efficiency, improving sustainability, increasing exports, and delivering stronger returns to investors.
He added that investments in logistics infrastructure, alternative fuel technology, energy efficiency, and plant modernisation have significantly strengthened the company’s competitive advantage across its African markets.
Market analysts believe the record dividend declaration sends a strong signal about management’s confidence in Dangote Cement’s future earnings outlook and reinforces its position as one of the Nigerian Exchange’s premier blue-chip stocks.
Beyond rewarding shareholders, analysts say the company’s sustained investments in manufacturing capacity and regional expansion continue to support Africa’s infrastructure development, create employment opportunities, stimulate industrial growth, and reduce dependence on imported cement across the continent.
As Africa’s largest cement producer, Dangote Cement says it remains committed to its vision of making the continent self-sufficient in cement and clinker production while creating sustainable long-term value for shareholders and contributing meaningfully to economic growth across Africa.
The historic N753.8 billion dividend payout further cements the company’s reputation as a market leader that consistently combines strong financial performance with generous shareholder rewards, setting new benchmarks for corporate performance and value creation in Nigeria’s capital market.
Dangote Cement Plc has approved a record N753.8 billion dividend, increasing shareholder payout by 50% to N45 per share after delivering outstanding 2025 financial results and expanding operations across Africa.