DANGOTE CEMENT’S N45 DIVIDEND TO INJECT OVER N750BN INTO NGX

Dangote Cement Plc has announced a record dividend of N45 per share for the 2025 financial year, set to inject over N753.8 billion into the Nigerian Exchange (NGX) and reward shareholders handsomely.

The payout, representing a 50% increase from the previous year’s N30 per share, was approved by shareholders at the company’s recent Annual General Meeting. Industry analysts expect the massive cash distribution to boost liquidity on the NGX, potentially supporting market rebound and attracting more investor interest.

Dangote Cement has consistently delivered strong shareholder returns, having distributed over N3.3 trillion in dividends over the past 15 years. The latest declaration underscores the company’s robust financial performance and commitment to creating long-term value despite challenging economic conditions.

Market watchers believe the dividend will provide a significant liquidity boost, especially for institutional and retail investors holding substantial stakes in the blue-chip stock. The payment is expected to ease pressure on some investors while reinforcing confidence in the cement giant’s fundamentals.

The development comes as the NGX seeks to sustain momentum amid broader economic reforms. Experts view such high dividend payouts as positive signals for capital market growth and economic stability.