Dangote Cement approves record N753.8bn dividend, targets 80m tonnes output

The Nigerian industrial giant raises its per-share payout by 50% to N45, signaling strong cash generation as it pursues production scale and a London listing.

By Handelsavisen Newsroom · Automated 2026-07-07 01:12 UTC · 1 min read

Dangote Cement Plc shareholders have approved a final dividend of N45 per ordinary share for the financial year ended 31 December 2025, lifting the total payout to a record N753.8 billion.

The decision marks a 50% increase from the previous year’s N30 per-share distribution, underscoring the company’s robust cash flow generation despite a challenging macroeconomic environment in Nigeria.

The dividend approval coincides with management’s target to reach 80 million tonnes of cement production capacity.

The dividend approval coincides with management’s target to reach 80 million tonnes of cement production capacity.

This output goal is central to the company’s strategy to solidify its dominance in the African market and improve economies of scale.

The substantial payout reflects confidence in the firm’s ability to fund growth initiatives while returning significant capital to investors.

This development follows the recent shareholder approval of a secondary listing on the London Stock Exchange.