DANGCEM share price on Nigerian Stock Exchange
Production and Sale of Portland Cement
Dangote Cement is listed on the Nigerian Stock Exchange (NGX) since October 26th, 2010. Dangote Cement is traded on the NGX under the ticker symbol “DANGCEM”. The International Securities Identification Number (ISIN) of NGX:DANGCEM is NGDANGCEM008. Dangote Cement is currently the second most valuable stock on the NGX with a market capitalization of NGN 4.89 trillion, which makes about 15.2% of the entire Nigerian Stock Exchange equity market.
DANGCEM • 286.90 ▴ 2.90 (1.02%)
6 hours ago
| Last Trading Results |
|---|
| Opening Price | |
| Day’s Low Price | 283.90 |
| Day’s High Price | 286.90 |
| Traded Volume | 4.01M |
| Number of Deals | 129 |
| Gross Turnover | 1.14B |
| Growth & Valuation |
|---|
| Earnings Per Share | |
| Price/Earning Ratio | |
| Dividend Per Share | |
| Dividend Yield | |
| Shares Outstanding | 17B |
| Market Capitalization | 4.89T |
Monetary values are quoted in Nigerian Naira (NGN) unless otherwise stated
DANGCEM Stock Market Performance
| 1WK | 4WK | 3MO |
|---|
| +1.38% | +6.26% | -0.38% |
| 6MO | 1YR | YTD |
|---|
| +9.38% | +3.57% | +9.92% |
The current share price of Dangote Cement (DANGCEM) is NGN 286.90. DANGCEM closed its last trading day (Monday, June 19, 2023) at 286.90 NGN per share on the Nigerian Stock Exchange (NGX), recording a 1% gain over its previous closing price of 284.00 NGN. Dangote Cement began the year with a share price of 261.00 NGN and has since gained 9.92% on that price valuation, ranking it 96th on the NGX in terms of year-to-date performance. Shareholders can be optimistic about DANGCEM knowing the stock has accrued 6% over the past four-week period—90th best on NGX.
Dangote Cement is the 79th most traded stock on the Nigerian Stock Exchange over the past three months (Mar 14 - Jun 19, 2023). DANGCEM has traded a total volume of 28.8 million shares—in 5,205 deals—valued at NGN 7.96 billion over the period, with an average of 457,149 traded shares per session. A volume high of 4.01 million was achieved on June 19th, and a low of 10,259 on March 22nd, for the same period. The table below details the last 10 trading days of activity of Dangote Cement on the Nigerian Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|
| 2023-06-19 | 4,009,581 | 286.90 | +2.90 | +1.02% |
| 2023-06-16 | 256,585 | 284.00 | | |
| 2023-06-15 | 639,673 | 284.00 | | |
| 2023-06-14 | 2,235,900 | 284.00 | -2.80 | -0.98% |
| 2023-06-13 | 1,035,492 | 286.80 | +3.80 | +1.34% |
| 2023-06-09 | 1,405,085 | 283.00 | -3.00 | -1.05% |
| 2023-06-08 | 735,599 | 286.00 | -4.00 | -1.38% |
| 2023-06-07 | 515,978 | 290.00 | | |
| 2023-06-06 | 301,212 | 290.00 | | |
| 2023-06-05 | 150,514 | 290.00 | | |
Profile of Dangote Cement
Dangote Cement operates in the Industrials sector.
Factsheet of Dangote Cement
- Sector
- Industrials
- Industry
- —
- Address
- Union Marble House, 1 Alfred Rewane Road, Falomo, Ikoyi, Lagos, Lagos State
- Telephone
- 14480815
DANGCEM Industrial Market Competitors
Dangote Cement, issuers of the DANGCEM stock on the Nigerian Stock Exchange, have a number of market competitors who are also engaged in the Industrials sector. The table below presents an overview of the market standing of the top 10 by year-to-date performance.
Index of African Stock Exchanges:
- Botswana Stock Exchange
- BRVM Stock Exchange
- Ghana Stock Exchange
- Johannesburg Stock Exchange
- Lusaka Securities Exchange
- Malawi Stock Exchange
- Nairobi Securities Exchange
- Nigerian Stock Exchange
- Uganda Securities Exchange
- Zimbabwe Stock Exchange
FAQs
Dangote Cement PLC (DANGCEM)
What is the name of Dangote stock? ›
Dangote Cement PLC (DANGCEM)
Where can I buy Dangote stocks? ›
Dangote Cement Plc's equity stocks are for sale online on the Nigerian Stock Exchange (NGX) under the stock symbol DANGCEM.
How do I buy Dangote cement shares? ›
Open a live trading account with the broker by completing the online application form and providing the necessary documentation to verify the trading account. You are now ready to make your first share purchase through the broker.
Is cement shares a good buy? ›
As a result, Cement stocks are consistently a top consideration among investors. In addition, the Cement business has historically been one of the most reliable in terms of growth.
Which is the best cement shares? ›
List of Best Cement Stocks to buy now in India
| Sr.No | Company Name | Industry |
|---|
| 1 | Ultra Tech | Cement |
| 2 | Shree Cements | Cement |
| 3 | Ambuja | Cement |
| 4 | ACC | Cement |
13 more rowsMar 9, 2023
The current share price of Dangote Cement (DANGCEM) is NGN 360.70.
Does Dangote have company in USA? ›
The Dangote Group will open offices in the United States of America (USA) and London. The plan, according to Aliko Dangote, Chief Executive Officer/CEO of the group, is to prevent devaluation of his family's wealth.
How to buy Nigerian stock? ›
- Establish an account with a broker. ...
- Make deposit and acquire ID. ...
- Analyse the Nigerian stock market. ...
- Select the kind of request. ...
- Start buying. ...
- Regularly enhance your stock portfolio. ...
- Best time to buy shares in Nigeria. ...
- Benefits of buying shares in Nigeria.
Price-To-Earnings vs Peers: DANGCEM is good value based on its Price-To-Earnings Ratio (13.3x) compared to the peer average (16.3x).
Nigerian stocks with the highest share prices
| Symbol | Price | Volume * Price 1D |
|---|
| DANGCEM D | 300.10 NGN | 926.803M NGN |
| GEREGU D | 300.00 NGN | 41.445M NGN |
| MTNN D | 275.00 NGN | 351.1M NGN |
| OKOMUOIL D | 245.00 NGN | 67.661M NGN |
32 more rowsShareholders
| Name | Equities | % |
|---|
| Dangote Group Ltd. 85.80 % | 14,621,387,610 | 85.80 % |
| Gw Grey Pte Ltd. 0.7544 % | 128,560,764 | 0.7544 % |
| Aliko Dangote 0.1622 % | 27,642,637 | 0.1622 % |
| Legal & General Investment Management Ltd. 0.0764 % | 13,023,493 | 0.0764 % |
6 more rowsDangote Cement Plc has revealed that its shareholders will receive about N340 billion dividend for the financial year 2022. The shareholders at the Annual General Meeting, AGM slated for April 13, 2023 are expected to approve the dividend proposal by its Board of Directors.
What is the dividend of Dangote stock? ›
A breakdown of the dividend declared showed that Dangote Cement, in line with its dividend policy, is proposing a final dividend of N340. 82 billion, representing N20 per share, while MTNN recommended a final dividend of N10 per share culminating in N203.
Why are cement shares rising? ›
Hence, a growing economy suggests a boom in infrastructure sector. And a booming infrastructure sector suggests increasing demand of cement. So, it could be that cement stocks are rising owing to the sentiment that India will upgrade its infrastructure, in the near future.
What is the factory price of Dangote cement in Nigeria? ›
Dangote: Cement price from our factories is between N2,450 and N2,510 per bag, VAT inclusive - Nairametrics.
What is the share price of Total Nigeria Plc today? ›
As of last trade TotalEnergies Marketing Nigeria PLC (TOTAL:LAG) traded at 370.00, -6.89% below its 52-week high of 397.40, set on Jul 07, 2023.
How can I buy shares in Nigeria? ›
How to Buy Shares in Nigeria (Updated 2023)
- Evaluate Brokers and Carry Out extensive research on them.
- Register an Account with your broker of choice.
- Funding your new trading account.
- Research different companies and their stock to decide which you want to purchase.
- Choosing the number of individual shares to buy.
If you want to buy shares, you must first approach a SEBI-registered member, or broker, of a stock exchange. You need to then register as an investor before you begin investing; to do so, follow these steps: Find a SEBI Registered Member : Click here. Find out which stock exchange they are registered with.
