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Shareholders Hail Dangote Over Cement's N272.6bn Dividend


L-R: Independent Non-Executive Director, Dangote Cement Plc, Emmanuel Ikazoboh; Chairman, Dangote Cement Plc, Aliko Dangote; Group Managing Director/CEO, Dangote Cement Plc, Michel Puchercos and Non-Executive Director, Dangote Cement Plc, Olakunle Alake.
(AFRICAN EXAMINER) – Shareholders of Dangote Cement Plc on Wednesday commended theManagement of the company for an impressive performance despite the economicchallenges in the year under review.
Unanimously, theshareholders approved N272.6 billion as dividend, translating to N16 per sharefor the year ended December 31, 2020. The 16 per cent increase in the company’srevenue led to a 36 per cent increase in its earnings per share of N16.14 asagainst N11.29 in 2019.
The shareholders at the virtual 12th Annual General Meeting(AGM) held in Lagos commended the management for the full disclosure providedfor the year, share buyback process and the various donations made at COVID-19pandemic. ....

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