Shareholders of Dangote Cement Plc have approved a final dividend of N45 per ordinary share for the 2025 financial year, bringing the company’s total dividend payout to a record N753.8 billion.
The approval was granted at the company’s 17th Annual General Meeting, where the board reaffirmed its commitment to expanding operations across Africa through increased production capacity, cleaner energy, and improved operational efficiency.
Chairman Emmanuel Ikazoboh said the company remains focused on promoting Africa’s industrial growth by leveraging local resources and strategic investments.
Group Managing Director Arvind Pathak disclosed that Dangote Cement plans to increase its production capacity from 55 million tonnes to 80 million tonnes by 2030, in line with the Dangote Group’s Vision 2030.
The company also highlighted ongoing investments in compressed natural gas (CNG)-powered trucks and alternative fuels to reduce transportation and energy costs while improving efficiency.
Shareholders commended the company’s strong financial performance, reduced borrowings, expansion across African markets, and continued commitment to creating long-term value for investors.
