Investors harvest 140% return from Dangote Cement by Godfrey Obioma
Investors who took positions in Dangote Cement’s stock in 2020 and exited June 31, 2023 harvested 140.26 per cent returns through capital appreciation and 11.11 per cent in H1- 23. This excludes dividend payment which has remained consistently impressive. In response to the economic headwinds which erode working capital, many companies are ploughing back a…
