The dividend is higher than the annual government expenditures of Rwanda, Burkina Faso, and Malawi.
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dangote cement
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- Hot News
Aliko Dangote’s cement company reaches all-time highs, profits exceed $800 million in 2022
Dangote recommended a dividend of $0.0434 per share.
- Hot News
Africa’s richest man Aliko Dangote’s wealth grows by $541 million despite Nigeria’s cash woes
Dangote’s net worth now stands at $19.2 billion.
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Dangote derives most of his wealth from an 86-percent stake in Dangote Cement.
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Aliko Dangote is the founder and chairman of Dangote Group, a leading conglomerate with interests in various sectors.
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Dangote, who is the richest man in Africa, was honored for his leadership and contributions to the development of the Nigerian economy.
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Dangote derives most of his wealth from his 86-percent stake in Dangote Cement.
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Investing in dividend-paying stocks can be a great way to generate passive income.
- Hot News
Africa’s richest man Aliko Dangote’s firm receives approval to buy back shares worth $917 million
Dangote Cement is Africa’s largest cement producer.
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Its $90-million investment in Ethiopia has helped solidify its position in the country.