How many Dangote Cement shares do you need for N10 million annual dividends?
If you decide to invest once, it means you will spend N230 million to buy 222,223 units at the current market price of N1,034. The post How many Dangote Cement shares do you need for N10 million annual dividends? appeared first on Nairametrics .
To earn N10 million in annual dividends from Dangote Cement, an investor would need approximately 222,223 shares, based on the company's 2025 dividend of N45 per share. The current share price stands at N1,034, meaning the investor would require around N230 million to acquire that position. While this appears like a substantial investment for N10 million in annual income, Dangote Cement is not an ordinary dividend stock.
The company has consistently paid dividends since at least 2013, with payouts generally increasing over time. In 2025, the dividend reached N45, a 50% increase from the previous year's N30. The key question is whether Dangote Cement can sustain its strong performance in the second half of 2026, as favorable factors supporting its earnings appear stronger than those that could hinder them.
The company has consistently returned a significant portion of its earnings to shareholders, indicating a strong likelihood of maintaining profitability and increasing dividend payouts in 2026.
Written by urgent.news from Nairametrics's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
