Dangote to Receive ₦593 Billion Dividend From Dangote Cement After Record 2025 Profit

Aliko Dangote, the world’s richest black man, is set to receive approximately ₦593 billion in net dividend income from Dangote Cement Plc for the 2025 financial year following the company’s record-breaking earnings performance.

Dangote Cement reported a Group profit of ₦1.01 trillion for the year ended December 31, 2025, and declared a final dividend of ₦45 per share to reinforce its position as one of Nigeria’s most profitable listed companies.

Based on an estimated 16.87 billion issued shares, the company’s total dividend payout amounts to approximately ₦759.3 billion.

Dangote’s Effective Ownership

Aliko Dangote’s shareholding structure includes:

• 86.65% stake through Dangote Industries Limited

• 0.17% held directly

This gives him an effective ownership of approximately 86.82%, translating to about 14.65 billion shares.

Dividend Breakdown

At ₦45 per share:

• Gross Dividend Entitlement: = ₦659.25 billion

• Withholding Tax (10%): = ₦65.93 billion

• Net Dividend Receivable: = ₦593.32 billion

Under Nigeria’s dividend tax framework, a 10 percent withholding tax is deducted at source before payment to shareholders.

Dangote Cement Key Financial Metrics (2025)

The 2025 performance reflects:

• Strong revenue growth

• Improved operating margins

• Significant reduction in finance costs

• Robust earnings expansion

Market Implications

The nearly ₦600 billion net dividend underscores Dangote Cement’s strong cash-generating capacity and highlights the scale of value creation delivered to its majority shareholder.

The payout also reinforces investor confidence in the company’s dividend sustainability and capital discipline, especially amid macroeconomic volatility.

For context, Dangote’s dividend income from Dangote Cement alone in 2025 exceeds the annual net profit of several mid-tier listed companies combined.