Dangote CementNSA:DCP 100 Forward Dividend Yield % is 4.21% as of Jun. 24, 2026. GuruFocus rates NSA:DCP with a GF Score™ of 100/100 and a GF Value™ of ₦806.03 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 255 Building Materials companies, Dangote Cement ranks better than 62.35% on this metric.
As of today (2026-06-24), the Forward Annual Dividend Yield of Dangote Cement is 4.21%.
As of today (2026-06-24), the Trailing Annual Dividend Yield of Dangote Cement is 4.21%.
NSA:DCP's Forward Dividend Yield % is ranked better than 62.35% of 255
companies
in the Building Materials industry
Industry Median: 3.28
vs NSA:DCP: 4.21
During the past 3 years, the average Dividends Per Share Growth Rate was 14.50% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 15.50% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 16.90% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Dangote Cement was 68.70% per year. The lowest was 7.70% per year. And the median was 21.90% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Dangote Cement Forward Dividend Yield % Related Terms
NSA:DCP vs CRH, VMC, MLM: Forward Dividend Yield % Comparison
For the Building Materials subindustry, Dangote Cement's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Dangote Cement Forward Dividend Yield % vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Dangote Cement's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Dangote Cement's Forward Dividend Yield % falls into.
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Dangote Cement Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
NGN 45.000000
2026-06-18
2026-06-17
2026-07-02
Cash Dividend
annually
NGN:NGN 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
Dangote Cement's Forward Annual Dividend Yield (%) for Today is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Forward Dividend Yield % of 4.21% mean?
Dangote Cement (NSA:DCP) has a Forward Dividend Yield % of 4.21% as of Jun. 24, 2026. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on Dangote Cement and its competitors. According to the industry distribution chart, Dangote Cement ranks #96 out of 255 companies in the Building Materials industry, placing it in the top 37.6%.
Is Dangote Cement's Forward Dividend Yield % too high?
Dangote Cement's current Forward Dividend Yield % is 4.21%. The Building Materials industry median Forward Dividend Yield % is 3.28. Dangote Cement's value of 4.21% is 28.4% above this industry median. Based on the distribution chart, Dangote Cement ranks #96 out of 255 companies in the Building Materials industry, which is above the industry midpoint. Overall, Dangote Cement has a GF Score™ of 100/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dangote Cement's Forward Dividend Yield % compare to CRH and VMC?
According to the Building Materials industry distribution chart, Dangote Cement ranks #96 out of 255 companies for Forward Dividend Yield %. This puts Dangote Cement in the upper half of its industry. The industry median Forward Dividend Yield % is 3.28. Dangote Cement's value of 4.21% is 28.4% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward Dividend Yield % for a Building Materials company?
The median Forward Dividend Yield % among Building Materials companies is 3.28, based on 255 companies in the industry. Companies in the top quartile (top 25%) have a Forward Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Forward Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dangote Cement's current Forward Dividend Yield % of 4.21% is 28.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward Dividend Yield % mean?
A high Forward Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on Dangote Cement and its competitors. For the Building Materials industry, the median Forward Dividend Yield % is 3.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dangote Cement's current Forward Dividend Yield % is 4.21%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dangote Cement stock overvalued right now?
Based on GuruFocus' analysis, Dangote Cement (NSA:DCP) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦806.03, compared to a current price of ₦1,070.00 — trading 32.7% above its estimated fair value. The current Forward Dividend Yield % is 4.21% and 28.4% above the Building Materials industry median of 3.28. Dangote Cement's overall GF Score™ is 100/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward Dividend Yield % calculated?
Forward Dividend Yield % is calculated from a company's financial statements. For Dangote Cement (NSA:DCP), the current Forward Dividend Yield % is 4.21% as of Jun. 24, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Dangote Cement (NSA:DCP) Overvalued in 2026?
Based on GuruFocus' analysis, Dangote Cement stock appears to be overvalued.
The current stock price of ₦1,070.00 is trading 32.7% above its estimated GF Value™ of ₦806.03.
GuruFocus considers Dangote Cement to be Significantly Overvalued.
Key valuation signals for NSA:DCP:
Forward Dividend Yield %: 4.21%
GF Value™: ₦806.03 vs. price of ₦1,070.00 (32.7% above fair value)
Industry Position: 28.4% above the Building Materials median (#96 of 255)
No single metric tells the full story. See the NSA:DCP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dangote Cement PLC is a cement manufacturer. It manufactures and markets cement and related products through its 'Dangote' brand. The principal activity of the Company and its subsidiaries is to operate plants for the preparation, manufacture and distribution of cement and related products. The Company's production activities are undertaken at Obajana town in Kogi State, Gboko in Benue State and Ibese in Ogun State; all in Nigeria. Its geographical segment includes Nigeria and Pan Africa. The company derives a majority of revenue from Nigeria segment.
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