Dangote Cement Pays N3.3tn Dividend in 15 Years, Raises 2025 Shareholder Payout by 50%

 Dangote Cement Pays N3.3tn Dividend in 15 Years, Raises 2025 Shareholder Payout by 50%

Dangote Cement Plc has announced 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 disclosed that it has distributed more than N3.3 trillion in dividends to shareholders over the past 15 years.

The increased dividend underscores the company's strong financial performance and reinforces its position as one of the Nigerian capital market's leading dividend-paying stocks.

Chairman of Dangote Cement, Emmanuel Ikazoboh, said the company remains committed to delivering sustainable value to shareholders through strong corporate governance, operational excellence and consistent profitability.

"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 latest payout continues the company's history of rewarding investors, having previously increased its dividend by 50 per cent from N20 to N30 per share despite prevailing economic challenges.

Group Managing Director and Chief Executive Officer, Arvind Pathak, attributed the improved dividend to the company's robust earnings and strong cash generation.

"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," he said.

Pathak added that the company is targeting an installed production capacity of 80 million tonnes per annum by 2030 through strategic investments across the continent.

He noted that Dangote Cement commissioned a three million tonnes per annum grinding plant in Côte d'Ivoire in 2025, further expanding its footprint in West Africa.

According to him, 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 reiterated the company's vision of making Africa self-sufficient in cement and clinker production while sustaining strong returns for shareholders.

Dangote Cement said its long-term investment strategy, which focuses on production capacity expansion, logistics, energy efficiency and innovation, has enabled it to maintain market leadership as Africa's largest cement producer.

Market analysts said the increased dividend signals management's confidence in the company's future earnings outlook and further strengthens Dangote Cement's reputation as one of the Nigerian Exchange's leading blue-chip companies.

With its continued expansion across Africa, the company said shareholders are expected to benefit from sustained growth, improved operational performance and long-term value creation.