By Barnabas Esiet.
Dangote Cement Plc has paid over N3.3 trillion in dividends to its shareholders over the last 15 years.
The company’s management disclosed this during the “Facts Behind the Figure” presentation on the Nigerian Exchange.
The new Chairman, Emmanuel Ikazoboh, assured shareholders of consistent good returns on their investments, while the CEO, Arvind Pathak, outlined plans to expand installed capacity to 66.4Mta by 2030.
Ikazoboh emphasized Dangote Cement’s commitment to transforming Africa by making it self-sufficient in cement and clinker production.
He thanked shareholders for their support and pledged to safeguard and grow their investments.

Pathak revealed that the company has invested over $8.5 billion in capital investments across Africa, underscoring its confidence in the region’s growth prospects.
The company has commissioned the first phase of its 3Mta Côte d’Ivoire plant and is advancing construction of the 6Mta integrated Itori Plant.
Additionally, Dangote Cement has announced a $400 million investment to double its production capacity in Ethiopia.
The Group Chairman of Nigerian Exchange Group (NGX Group), Dr. Umaru Kwairanga, praised Aliko Dangote for his substantial contributions to the Nigerian capital market and private sector development.
Shareholders also commended the company’s management, with the President of AARNS, Faruk Umar, describing the dividend payout as commendable despite economic challenges.

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