July 6, (THEWILL) — Dangote Cement Plc has increased its dividend payout by 50 percent, declaring a dividend of ₦45 per share for shareholders, up from ₦30 per share, translating to a total payout of about ₦753.8 billion.
The dividend, approved by shareholders at the company’s Annual General Meeting (AGM), is the highest in Dangote Cement’s history and reflects its strong financial performance in 2025 as well as its commitment to delivering value to investors.
The company said the increased payout was supported by robust earnings, healthy cash generation and disciplined execution of its growth strategy, reinforcing its position as one of the most rewarding stocks on the Nigerian Exchange (NGX).
Dangote Cement reported earnings per share of ₦59.86 for the 2025 financial year, highlighting its resilience and operational strength despite prevailing macroeconomic challenges.
The chairman of Dangote Cement, Emmanuel Ikazoboh, said the higher dividend demonstrates the company’s commitment to rewarding shareholders for their continued confidence and support.
According to him, the company remains focused on creating sustainable value through prudent capital allocation, sound corporate governance and operational excellence. He expressed appreciation to shareholders for their trust and reaffirmed the company’s confidence in its future growth prospects.
The Group Managing Director and Chief Executive Officer, Arvind Pathak, also attributed the dividend increase to the company’s strong earnings capacity and healthy balance sheet.
He said the decision to raise the dividend to ₦45 per share reflects Dangote Cement’s ability to generate sustainable cash flows while pursuing its long-term expansion plans across Africa.
Pathak added that the company remains committed to executing its pan-African growth strategy, creating lasting value for shareholders, investing in the future of the business and supporting Africa’s industrial development. He noted that the increased dividend is a reward for shareholders who have supported the company throughout its growth journey.
Ogochukwu Onwaeze is a writer specializing in business and economic journalism. At THEWILL News Media, she translates market trends, financial developments, and policy shifts into clear and engaging stories.
