Dangote Cement Announces N45 Dividend for 2025 Financial Year

Dangote Cement Plc has declared a record dividend of N45 per share for the 2025 financial year, marking a 50% increase from the previous payout. This announcement underscores the company's unwavering commitment to creating and sustaining value for investors in the Nigerian capital market.
Over the last 15 years, Dangote Cement has distributed a total of N3.3 trillion in dividends to its shareholders, reflecting its robust business model and resilient financial performance. Emmanuel Ikazoboh, Chairman of Dangote Cement, reaffirmed the company's determination to deliver consistent returns while maintaining high standards of corporate governance.
Arvind Pathak, Group Managing Director and Chief Executive Officer, noted that the decision to increase the dividend payout demonstrates the company's strong earnings capacity and cash generation capabilities. The company's growth strategy remains firmly anchored in expanding product capacity, improving operational efficiency, and strengthening its Pan-African footprint.
Plus234Feed summary based on reporting from Blueprint. Read the original report below.
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