BUSINESS
DANGOTE CEMENT APPROVES N45 DIVIDEND, TARGETS 80M TONNES
Dangote Cement Plc has approved a dividend of N45 per share for the 2025 financial year, rewarding shareholders amid strong operational performance and expansion plans.
The company’s Board of Directors also announced an ambitious target to increase production capacity to 80 million tonnes per annum in the coming years, driven by new plants and efficiency improvements. Group Managing Director, Mr. Arvind Pathak, expressed confidence in the company’s growth trajectory. “Our focus remains on delivering value to shareholders while expanding our footprint across Africa,” he said.
The dividend payout reflects the company’s robust cash flow and commitment to shareholder returns. Analysts have welcomed the announcement, noting Dangote Cement’s strong market position and potential for further growth.
The cement giant continues to dominate the Nigerian and regional markets, with plans for increased exports and sustainability initiatives.