Income Statement Dangote Cement Plc

Equities

DANGCEM

NGDANGCEM008

Construction Materials

End-of-day quote Nigerian S.E. Other stock markets 2026-06-05			5-day change	1st Jan Change
1,180.00 ^NGN	0.00%		0.00%	+93.76%

May. 13	Dangote Cement in early talks over potential London listing	RE
May. 07	Africa's richest man Dangote plans London listing of cement empire - FT	RE

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Published financial data: DANGOTE CEMENT PLC

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	1,384B	1,618B	2,208B	3,581B	4,307B
Total Revenues	1,384B	1,618B	2,208B	3,581B	4,307B
Cost of Goods Sold, Total	552B	665B	1,009B	1,652B	1,641B
Gross Profit	831B	954B	1,199B	1,929B	2,665B
Selling General & Admin Expenses, Total	253B	371B	488B	832B	937B
Provision for Bad Debts	341M	-223M	-	-	-
Impairment of Oil, Gas & Mineral Properties - (IS)	-	-	-	-	-
Other Operating Expenses	-5.34B	-3.29B	-20.5B	-38.77B	-27.8B
Other Operating Expenses, Total	248B	368B	467B	794B	909B
Operating Income	583B	586B	731B	1,135B	1,756B
Interest Expense, Total	-56.33B	-75.24B	-145B	-448B	-346B
Interest And Investment Income	20.76B	38.72B	27.4B	169B	82.14B
Net Interest Expenses	-35.56B	-36.53B	-117B	-280B	-264B
Income (Loss) On Equity Invest.	817M	759M	1.23B	2.82B	2.49B
Currency Exchange Gains (Loss)	-8.77B	-53.93B	-164B	-249B	27.8B
Other Non Operating Income (Expenses)	-615M	27.82B	98.81B	107B	1.14B
EBT, Excl. Unusual Items	539B	524B	550B	716B	1,524B
Gain (Loss) On Sale Of Assets	378M	21M	2.45B	2.24B	627M
Asset Writedown	-1.34B	-1.97B	-702M	-1.02B	-831M
Insurance Settlements	501M	2.02B	1.15B	15.34B	9.1B
EBT, Incl. Unusual Items	538B	524B	553B	733B	1,533B
Income Tax Expense	174B	142B	97.52B	229B	518B
Earnings From Continuing Operations	364B	382B	456B	503B	1,015B
Net Income to Company	364B	382B	456B	503B	1,015B
Minority Interest	-3.43B	-6.32B	-10.37B	-5.06B	-12.07B
Net Income - (IS)	361B	376B	445B	498B	1,003B
Net Income to Common Incl Extra Items	361B	376B	445B	498B	1,003B
Net Income to Common Excl. Extra Items	361B	376B	445B	498B	1,003B
Per Share Items
Net EPS - Basic	21.24	22.27	26.47	29.74	59.86
Basic EPS - Continuing Operations	21.24	22.27	26.47	29.74	59.86
Basic Weighted Average Shares Outstanding	17B	16.88B	16.82B	16.75B	16.75B
Net EPS - Diluted	21.24	22.27	26.47	29.74	59.86
Diluted EPS - Continuing Operations	21.24	22.27	26.47	29.74	59.86
Diluted Weighted Average Shares Outstanding	17B	16.88B	16.82B	16.75B	16.75B
Normalized Basic EPS	19.61	19.02	19.83	26.41	56.13
Normalized Diluted EPS	19.61	19.02	19.83	26.41	56.13
Dividend Per Share	20	20	30	30	45
Payout Ratio	75.35	89.76	75.8	100.88	50.15
Supplemental Items
EBITDA	682B	704B	878B	1,357B	1,964B
EBITA	583B	586B	731B	1,135B	1,756B
EBIT	583B	586B	731B	1,135B	1,756B
EBITDAR	683B	706B	880B	1,362B	1,969B
Effective Tax Rate - (Ratio)	32.31	27.04	17.63	31.3	33.78
Current Domestic Taxes	155B	169B	178B	190B	347B
Total Current Taxes	155B	169B	178B	190B	347B
Deferred Domestic Taxes	19.01B	-26.91B	-80.9B	38.9B	171B
Total Deferred Taxes	19.01B	-26.91B	-80.9B	38.9B	171B
Normalized Net Income	333B	321B	334B	442B	940B
Interest Capitalized	850M	-	-	-	-
Interest on Long-Term Debt	1.69B	1.12B	590M	2.25B	2.04B
Non-Cash Pension Expense	301M	416M	1.29B	1.71B	2.96B
Supplemental Operating Expense Items
Advertising Expense	3.21B	7.51B	7.8B	7.97B	23.74B
Selling and Marketing Expenses	192B	295B	365B	619B	683B
General and Administrative Expenses	60.26B	73.84B	121B	209B	249B
Net Rental Expense, Total	1.28B	2.41B	1.62B	4.3B	5.09B
Imputed Operating Lease Interest Expense	1.08B	2.2B	2.12B	8.34B	7.31B
Imputed Operating Lease Depreciation	208M	219M	-499M	-4.04B	-2.22B
Maintenance & Repair Expenses, Total	43.67B	53B	86.38B	163B	173B

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	340B	284B	447B	450B	398B
Short Term Investments	-	-	-	-	-
Total Cash And Short Term Investments	340B	284B	447B	450B	398B
Accounts Receivable, Total	156B	185B	304B	418B	508B
Other Receivables	37.32B	26.36B	53.54B	79.11B	90.97B
Notes Receivable	50.55B	145B	61.92B	2.79B	4.2B
Total Receivables	244B	356B	419B	500B	603B
Inventory	268B	258B	429B	756B	814B
Prepaid Expenses	3.71B	3.84B	9.22B	14.91B	27.22B
Other Current Assets, Total	17.06B	122B	105B	190B	129B
Total Current Assets	873B	1,023B	1,409B	1,911B	1,972B
Gross Property Plant And Equipment	2,192B	2,452B	4,008B	5,474B	6,303B
Accumulated Depreciation	-701B	-901B	-1,573B	-2,132B	-2,324B
Net Property Plant And Equipment	1,491B	1,551B	2,435B	3,342B	3,979B
Long-term Investments	6.53B	2.58B	2.61B	3B	3.22B
Other Intangibles, Total	5.12B	6.22B	12.36B	17B	16.38B
Accounts Receivable Long-Term	5.98B	17.08B	14.66B	16.88B	23.04B
Deferred Tax Assets Long-Term	5.16B	14.19B	25.93B	19.43B	17.76B
Other Long-Term Assets, Total	4.76B	1.27B	39.31B	1,094B	28.97B
Total Assets	2,392B	2,616B	3,939B	6,403B	6,041B
Liabilities
Accounts Payable, Total	254B	193B	374B	551B	591B
Accrued Expenses, Total	84.19B	84.71B	157B	226B	226B
Short-term Borrowings	137B	157B	64.2B	318B	34.98B
Current Portion of Long-Term Debt	264B	236B	560B	927B	765B
Current Portion of Leases	2.19B	1.71B	4.1B	5.86B	6.22B
Current Income Taxes Payable	153B	168B	174B	183B	297B
Unearned Revenue Current, Total	94.88B	110B	158B	154B	143B
Other Current Liabilities	86.67B	71.8B	121B	205B	540B
Total Current Liabilities	1,076B	1,022B	1,613B	2,570B	2,604B
Long-Term Debt	177B	333B	388B	1,386B	360B
Long-Term Leases	8.02B	8.06B	16.5B	26.32B	24.6B
Unearned Revenue Non Current	636M	320M	510M	756M	708M
Pension & Other Post Retirement Benefits	3.22B	8.55B	12.19B	16.6B	21.11B
Deferred Tax Liability Non Current	135B	154B	161B	196B	353B
Other Non Current Liabilities	8.43B	10.58B	21.2B	31.93B	57.43B
Total Liabilities	1,408B	1,537B	2,213B	4,228B	3,421B
Common Stock, Total	8.52B	8.52B	8.52B	8.44B	8.44B
Additional Paid In Capital	42.43B	42.43B	42.43B	42.01B	42.01B
Retained Earnings	868B	969B	1,099B	1,027B	1,505B
Treasury Stock	-9.83B	-45.16B	-86.58B	-41.42B	-41.42B
Comprehensive Income and Other	55.98B	79.1B	628B	1,086B	1,006B
Total Common Equity	965B	1,054B	1,691B	2,122B	2,520B
Minority Interest	18.3B	24.58B	34.81B	53.2B	99.9B
Total Equity	984B	1,079B	1,726B	2,175B	2,620B
Total Liabilities And Equity	2,392B	2,616B	3,939B	6,403B	6,041B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	17B	16.87B	16.75B	16.75B	16.75B
ECS Total Common Shares Outstanding	17B	16.87B	16.75B	16.75B	16.75B
Book Value / Share	56.79	62.49	100.94	126.67	150.44
Tangible Book Value	960B	1,048B	1,679B	2,105B	2,504B
Tangible Book Value Per Share	56.48	62.12	100.21	125.66	149.46
Total Debt	588B	736B	1,033B	2,664B	1,190B
Net Debt	248B	452B	586B	2,214B	793B
Debt Equivalent of Unfunded Proj. Benefit Obligation	3.22B	8.55B	12.19B	16.6B	21.11B
Debt Equivalent Oper. Leases	10.28B	19.31B	13B	34.42B	40.7B
Minority Interest, Total (Incl. Fin. Div)	18.3B	24.58B	34.81B	53.2B	99.9B
Equity Method Investments, Total	6.53B	2.58B	2.61B	3B	3.22B
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	43.78B	49.18B	88.32B	124B	145B
Inventories - Work In Process, Total	13.34B	24.18B	30.23B	51.77B	55.67B
Inventories - Finished Goods, Total	20.3B	29.53B	42.32B	116B	120B
Inventories - Others	89.78B	137B	233B	378B	436B
Land - (BS)	-	-	-	-	68.9B
Buildings, Total	-	-	501B	733B	746B
Machinery, Total	1,508B	1,900B	3,093B	4,080B	4,460B
Full Time Employees	16.7K	19.11K	19.52K	21.65K	21.42K
Accumulated Allowance for Doubtful Accounts (Supple)	1.68B	1.46B	2.23B	2.98B	3.79B

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	361B	376B	445B	498B	1,003B
Depreciation & Amortization - CF	101B	120B	151B	228B	214B
Impairment of Oil, Gas & Mineral Properties - (CF)	-	-	-	-	-
Depreciation & Amortization, Total	101B	120B	151B	228B	214B
Amortization of Deferred Charges, Total - (CF)	240M	281M	438M	948M	720M
(Gain) Loss From Sale Of Asset	-378M	-21M	-2.45B	-13.03B	-627M
Asset Writedown & Restructuring Costs	1.34B	1.97B	702M	1.02B	831M
Net (Increase) Decrease in Loans Originated / Sold - Operating	8.07B	10.61B	6.85B	7.62B	-
(Income) Loss On Equity Investments - (CF)	-817M	-759M	-1.23B	-2.82B	-2.49B
Other Operating Activities, Total	188B	37.85B	54.66B	329B	644B
Change In Accounts Receivable	-11.17B	457M	-37.3B	-46.76B	-109B
Change In Inventories	-60.53B	-70.34B	-156B	-275B	-88.41B
Change In Accounts Payable	26.85B	-22.43B	286B	372B	-57.58B
Change in Other Net Operating Assets	-16B	-65.89B	-69.33B	-278B	106B
Cash from Operations	597B	388B	679B	821B	1,711B
Capital Expenditure	-159B	-74.61B	-140B	-423B	-861B
Sale of Property, Plant, and Equipment	1.24B	106M	5.64B	2.41B	1.06B
Sale (Purchase) of Intangible assets	-848M	-307M	-118M	-305M	-298M
Other Investing Activities, Total	31.25B	-52.01B	109B	-414B	1,481B
Cash from Investing	-127B	-127B	-25.92B	-835B	620B
Long-Term Debt Issued, Total	329B	338B	492B	1,818B	1,098B
Total Debt Issued	329B	338B	492B	1,818B	1,098B
Long-Term Debt Repaid, Total	-327B	-271B	-346B	-1,287B	-2,274B
Total Debt Repaid	-327B	-271B	-346B	-1,287B	-2,274B
Repurchase of Common Stock	-9.83B	-35.32B	-41.42B	-	-
Common Dividends Paid	-272B	-337B	-337B	-503B	-503B
Common & Preferred Stock Dividends Paid	-272B	-337B	-337B	-503B	-503B
Other Financing Activities, Total	-52.56B	-68.84B	-119B	-339B	-398B
Cash from Financing	-332B	-374B	-352B	-312B	-2,077B
Foreign Exchange Rate Adjustments	-15.29B	252M	-19.56B	24.81B	-23.68B
Net Change in Cash	122B	-113B	281B	-300B	231B
Supplemental Items
Cash Interest Paid	52.56B	68.84B	119B	339B	398B
Cash Income Tax Paid (Refund)	33.41B	151B	166B	174B	160B
Levered Free Cash Flow	322B	113B	512B	70.23B	601B
Unlevered Free Cash Flow	357B	160B	602B	350B	817B
Change In Net Working Capital	-51.27B	252B	-134B	165B	-366B
Net Debt Issued / Repaid	2.17B	67.86B	146B	530B	-1,176B

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	16.51	14.62	13.95	13.72	17.64
Return on Total Capital	24.56	21.62	19.99	18.68	25.38
Return On Equity %	38.88	37.07	32.49	25.8	42.33
Return on Common Equity	39.21	37.23	32.43	26.13	43.2
Margin Analysis
Gross Profit Margin %	60.07	58.94	54.29	53.88	61.89
SG&A Margin	18.3	22.96	22.1	23.25	21.75
EBITDA Margin %	49.26	43.49	39.77	37.91	45.6
EBITA Margin %	42.13	36.2	33.12	31.71	40.78
EBIT Margin %	42.13	36.2	33.12	31.71	40.78
Income From Continuing Operations Margin %	26.34	23.62	20.63	14.06	23.57
Net Income Margin %	26.09	23.23	20.16	13.91	23.29
Net Avail. For Common Margin %	26.09	23.23	20.16	13.91	23.29
Normalized Net Income Margin	24.09	19.84	15.1	12.36	21.83
Levered Free Cash Flow Margin	23.26	6.97	23.19	1.96	13.95
Unlevered Free Cash Flow Margin	25.8	9.88	27.28	9.78	18.98
Asset Turnover
Asset Turnover	0.63	0.65	0.67	0.69	0.69
Fixed Assets Turnover	0.96	1.06	1.11	1.24	1.18
Receivables Turnover (Average Receivables)	9.81	9.5	9.04	9.92	9.3
Inventory Turnover (Average Inventory)	2.68	3.01	2.94	2.79	2.09
Short Term Liquidity
Current Ratio	0.81	1	0.87	0.74	0.76
Quick Ratio	0.5	0.48	0.5	0.37	0.38
Operating Cash Flow to Current Liabilities	0.55	0.38	0.42	0.32	0.66
Days Sales Outstanding (Average Receivables)	37.22	38.43	40.37	36.9	39.26
Days Outstanding Inventory (Average Inventory)	135.96	121.42	124.17	131.26	174.56
Average Days Payable Outstanding	105.91	110.42	87.61	85.54	122.59
Cash Conversion Cycle (Average Days)	67.27	49.43	76.94	82.62	91.23
Long Term Solvency
Total Debt/Equity	59.79	68.18	59.87	122.46	45.43
Total Debt / Total Capital	37.42	40.54	37.45	55.05	31.24
LT Debt/Equity	18.76	31.66	23.46	64.94	14.67
Long-Term Debt / Total Capital	11.74	18.82	14.67	29.19	10.09
Total Liabilities / Total Assets	58.88	58.75	56.18	66.03	56.63
EBIT / Interest Expense	10.35	7.79	5.06	2.53	5.07
EBITDA / Interest Expense	12.13	9.38	6.1	3.04	5.69
(EBITDA - Capex) / Interest Expense	9.32	8.39	5.13	2.1	3.21
Total Debt / EBITDA	0.86	1.04	1.17	1.95	0.6
Net Debt / EBITDA	0.36	0.64	0.66	1.62	0.4
Total Debt / (EBITDA - Capex)	1.12	1.17	1.39	2.83	1.07
Net Debt / (EBITDA - Capex)	0.47	0.72	0.79	2.35	0.71
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	33.79	16.96	36.44	62.16	20.28
Gross Profit, 1 Yr. Growth %	39.72	14.75	25.68	60.92	38.16
EBITDA, 1 Yr. Growth %	43.54	3.26	24.79	54.57	45.86
EBITA, 1 Yr. Growth %	51.16	0.49	24.85	55.25	56.17
EBIT, 1 Yr. Growth %	51.16	0.49	24.85	55.25	56.17
Earnings From Cont. Operations, 1 Yr. Growth %	32.01	4.9	19.17	10.46	101.67
Net Income, 1 Yr. Growth %	31.24	4.15	18.41	11.9	101.3
Normalized Net Income, 1 Yr. Growth %	43.89	-3.66	3.85	32.66	115.82
Diluted EPS Before Extra, 1 Yr. Growth %	31.55	4.89	18.85	12.34	101.3
Accounts Receivable, 1 Yr. Growth %	23.84	18.31	64.48	37.68	21.5
Inventory, 1 Yr. Growth %	87.56	39.94	66.33	76.2	7.77
Net Property, Plant and Equip., 1 Yr. Growth %	6.28	3.98	57	37.25	19.08
Total Assets, 1 Yr. Growth %	18.27	9.35	50.58	62.57	-5.66
Tangible Book Value, 1 Yr. Growth %	10.2	9.15	60.16	25.4	18.95
Common Equity, 1 Yr. Growth %	10.21	9.22	60.38	25.49	18.76
Cash From Operations, 1 Yr. Growth %	16.57	-35	75.02	20.96	108.33
Capital Expenditures, 1 Yr. Growth %	-24.65	-52.93	87.93	201.7	108.1
Levered Free Cash Flow, 1 Yr. Growth %	234.24	-64.94	353.71	-86.28	726.09
Unlevered Free Cash Flow, 1 Yr. Growth %	188.47	-55.22	276.75	-41.84	131.67
Dividend Per Share, 1 Yr. Growth %	25	0	50	0	50
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	24.57	25.09	26.33	48.74	39.66
Gross Profit, 2 Yr. CAGR %	27.65	26.63	20.1	42.22	49.11
EBITDA, 2 Yr. CAGR %	31.75	21.75	13.51	38.88	49.55
EBITA, 2 Yr. CAGR %	39.55	23.25	12.01	39.22	54.97
EBIT, 2 Yr. CAGR %	39.55	23.25	12.01	39.22	54.97
Earnings From Cont. Operations, 2 Yr. CAGR %	34.81	17.68	11.81	14.73	49.26
Net Income, 2 Yr. CAGR %	34.04	16.91	11.05	15.11	50.08
Normalized Net Income, 2 Yr. CAGR %	45.88	17.74	0.03	17.38	67.91
Diluted EPS Before Extra, 2 Yr. CAGR %	34.2	17.46	11.65	15.55	50.38
Accounts Receivable, 2 Yr. CAGR %	21.45	21.04	39.5	50.49	29.34
Inventory, 2 Yr. CAGR %	43.78	34.22	52.56	71.19	37.8
Net Property, Plant and Equip., 2 Yr. CAGR %	10.62	5.13	27.77	46.79	27.84
Total Assets, 2 Yr. CAGR %	17.17	13.72	28.32	56.46	23.84
Tangible Book Value, 2 Yr. CAGR %	4.28	9.67	32.22	41.72	22.13
Common Equity, 2 Yr. CAGR %	4.35	9.71	32.35	41.87	22.08
Cash From Operations, 2 Yr. CAGR %	18.34	-12.96	6.66	45.5	58.76
Capital Expenditures, 2 Yr. CAGR %	-5.38	-40.45	-5.95	138.11	147.81
Levered Free Cash Flow, 2 Yr. CAGR %	46.29	8.26	26.13	-21.11	8.34
Unlevered Free Cash Flow, 2 Yr. CAGR %	41.72	13.65	29.89	48.02	16.49
Dividend Per Share, 2 Yr. CAGR %	11.8	11.8	22.47	22.47	22.47
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	15.36	21.98	28.77	37.29	38.58
Gross Profit, 3 Yr. CAGR %	17.19	23.2	26.31	32.4	40.85
EBITDA, 3 Yr. CAGR %	16.26	21.47	22.75	25.82	40.79
EBITA, 3 Yr. CAGR %	19.91	25.08	23.78	24.89	44.2
EBIT, 3 Yr. CAGR %	19.91	25.08	23.78	24.89	44.2
Earnings From Cont. Operations, 3 Yr. CAGR %	-2.26	24	18.17	11.36	38.46
Net Income, 3 Yr. CAGR %	-2.46	23.23	17.41	11.33	38.68
Normalized Net Income, 3 Yr. CAGR %	21.41	27.04	12.92	9.9	43.06
Diluted EPS Before Extra, 3 Yr. CAGR %	-2.38	23.62	17.92	11.88	39.03
Accounts Receivable, 3 Yr. CAGR %	23.37	20.39	34.07	38.89	40.13
Inventory, 3 Yr. CAGR %	32.46	25.69	44.17	60.07	46.72
Net Property, Plant and Equip., 3 Yr. CAGR %	8.37	8.37	20.16	30.86	36.9
Total Assets, 3 Yr. CAGR %	12.18	14.5	24.88	38.85	32.18
Tangible Book Value, 3 Yr. CAGR %	-0.31	5.88	24.43	29.9	33.68
Common Equity, 3 Yr. CAGR %	-0.33	5.95	24.52	30.02	33.71
Cash From Operations, 3 Yr. CAGR %	16.71	-3.09	9.86	11.23	64
Capital Expenditures, 3 Yr. CAGR %	6.55	-25.03	-12.65	38.71	125.98
Levered Free Cash Flow, 3 Yr. CAGR %	121.96	-9.13	74.54	-39.8	74.63
Unlevered Free Cash Flow, 3 Yr. CAGR %	86.19	-3.48	69.46	-0.63	72.27
Dividend Per Share, 3 Yr. CAGR %	7.72	7.72	23.31	14.47	31.04
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	17.6	14.97	19.63	32.05	33.02
Gross Profit, 5 Yr. CAGR %	23.42	16.05	18.35	30.48	34.98
EBITDA, 5 Yr. CAGR %	21.69	12.67	15.15	28.16	32.84
EBITA, 5 Yr. CAGR %	26.33	14.01	16.69	30.56	35.42
EBIT, 5 Yr. CAGR %	26.33	14.01	16.69	30.56	35.42
Earnings From Cont. Operations, 5 Yr. CAGR %	20.6	13.36	3.14	20.21	29.74
Net Income, 5 Yr. CAGR %	19.28	13.62	2.74	19.91	29.53
Normalized Net Income, 5 Yr. CAGR %	22.89	12.88	12.35	23.08	32.34
Diluted EPS Before Extra, 5 Yr. CAGR %	19.33	13.83	3.01	20.32	29.97
Accounts Receivable, 5 Yr. CAGR %	35.23	14.59	29.58	31.63	32.16
Inventory, 5 Yr. CAGR %	26.49	20.8	30	42.23	41.59
Net Property, Plant and Equip., 5 Yr. CAGR %	5.23	5.4	15.75	22.35	23.18
Total Assets, 5 Yr. CAGR %	9.36	9.44	18.38	29.73	24.46
Tangible Book Value, 5 Yr. CAGR %	5.51	6.57	11.61	18.98	23.5
Common Equity, 5 Yr. CAGR %	5.51	6.52	11.64	19.07	23.54
Cash From Operations, 5 Yr. CAGR %	16.46	2.35	12.58	14.02	27.29
Capital Expenditures, 5 Yr. CAGR %	5.93	-7.12	1.36	19.03	32.56
Levered Free Cash Flow, 5 Yr. CAGR %	19.88	-5.23	77.05	-14.13	44.23
Unlevered Free Cash Flow, 5 Yr. CAGR %	17.68	-2.36	61.21	14.53	45.87
Dividend Per Share, 5 Yr. CAGR %	18.66	13.75	13.4	13.4	22.98