Dangote Cement Approves N753.8bn Dividend, LSE Listing

At the 17th Annual General Meeting (AGM) of Dangote Cement Plc, shareholders approved the management's decision to undertake a potential secondary listing of its shares on the London Stock Exchange (LSE). The company announced a total dividend payout of approximately N753.8 billion, raising the dividend from N30 to N45 per share, reflecting a 50% increase.

This decision follows the company's outstanding financial performance in 2025, where earnings per share rose significantly to N59.86. Chairman Mr. Emmanuel Ikazoboh stated that the increased dividend demonstrates the company's commitment to rewarding shareholders and maintaining high standards of corporate governance.

The company has distributed N3.3 trillion in dividends over the past fifteen years, reinforcing its reputation as a long-term wealth creator. Additionally, Dangote Cement is expanding its operational capacity across Africa, with plans to increase its total installed capacity to 80 million tons per annum by 2030.