Dangote Cement Declares Record ₦753.8bn Dividend, Sets ₦45 Per Share Payout

Dangote Cement Plc has declared a record dividend of ₦753.8 billion for the 2025 financial year, raising its payout to shareholders to ₦45 per ordinary share.

The dividend represents a 50 per cent increase from the ₦30 per share paid for the 2024 financial year. According to the company’s audited financial statements, the proposed dividend will be paid from retained earnings, subject to shareholder approval at the Annual General Meeting.

The cement giant said the payout reflects its strong earnings performance, improved cash generation and continued commitment to rewarding investors despite a difficult operating environment.

Dangote Cement recorded a strong performance in 2025, with group revenue rising by 20 per cent to ₦4.307 trillion, compared with ₦3.581 trillion in 2024. Group net profit also jumped by 102 per cent to ₦1.015 trillion, up from ₦503 billion in the previous year.

The company’s earnings per share rose by 101 per cent to ₦59.86, strengthening the basis for the higher dividend.

The dividend is expected to benefit shareholders whose names appeared in the company’s register as of the qualification date of June 17, 2026. The register was scheduled to close on June 18, while payment was fixed for July 2, 2026, subject to applicable withholding tax.

Dangote Cement has remained one of the most consistent dividend-paying companies on the Nigerian Exchange. The company had earlier disclosed that shareholders received more than ₦3.3 trillion in dividends over a 15-year period, excluding the latest proposed payout.

The latest dividend further strengthens the company’s reputation as one of Nigeria’s leading blue-chip stocks and one of Africa’s most profitable cement producers.

Beyond shareholder returns, Dangote Cement said its performance was supported by stronger revenue, cost discipline, operational efficiency and expansion across African markets.

The company, which remains Africa’s largest cement producer, said it would continue to focus on long-term value creation, industrial growth and sustainable returns to investors.