Dangote Cement Plc has rewarded its shareholders with a historic dividend payout after announcing a 50 per cent increase in its dividend, raising it from N30 to N45 per share. The decision, approved at the company’s 17th Annual General Meeting in Lagos, will see shareholders receive a total of N753.8 billion, the highest dividend payout in the company’s history. The move reflects the cement giant’s strong financial position and its commitment to delivering value to investors despite economic challenges.
Speaking at the meeting, Chairman Emmanuel Ikazoboh described the dividend increase as a reflection of shareholders’ unwavering support and confidence in the company. He noted that Dangote Cement remained focused on creating sustainable value for stakeholders while maintaining strong corporate governance standards and operational excellence. According to him, the company’s disciplined capital allocation strategy and resilient business model have continued to drive growth and profitability.
The company’s impressive 2025 performance played a major role in the decision to increase returns to investors. Ikazoboh revealed that earnings per share climbed to N59.86 during the year, highlighting the company’s ability to thrive in a challenging business environment. The result underscores Dangote Cement’s position as one of Africa’s most profitable manufacturing companies and a key player in the continent’s industrial development.
Group Managing Director and Chief Executive Officer, Arvind Pathak, said the record payout was supported by strong earnings and healthy cash generation. He emphasized that the company remains committed to balancing shareholder rewards with investments aimed at securing long-term growth. Pathak added that shareholders have consistently supported the company’s journey, making the increased dividend a fitting reward for their loyalty and trust.
Beyond rewarding investors, Dangote Cement is accelerating its expansion across Africa. In 2025, the company commissioned a three-million-tonne-per-annum grinding plant in Côte d’Ivoire, boosting its total installed capacity to 55 million tonnes annually across 11 African countries. With plans to expand capacity to 80 million tonnes by 2030, the company is also investing heavily in logistics, energy efficiency, sustainability initiatives, alternative fuels, and plant modernization, positioning itself for continued growth and stronger returns in the years ahead.
source: The guardian
