Dangote Cement PLC increased its dividend by 50% to N45 per share for the 2025 financial year. This payout represents an increase from N30 per share in the previous year. The company announced the decision during its 17th Annual General Meeting in Lagos.
Group Managing Director Arvind Pathak noted the company has paid over N3.3 trillion in dividends over the past 15 years. Strong earnings and high cash generation capabilities supported the current dividend hike.
Management is balancing shareholder returns with a production target of 80 million tonnes per annum by 2030. Strategic investments across Africa will drive this capacity expansion.