Trustfund Pensions Plc has approved a N230 million dividend pay-out to its shareholders at 23kobo per N1.00 share, following the recommendation of its board of directors.

This, according to Ngozi Olejeme, chairman board of directors, is compared to the 15kobo it paid out in 2011.

Speaking at its 5th Annual General Meeting (AGM) in Abuja, Olejeme also hinted that the company’s total assets in 2012 grew by 30.8 percent.

Trustfund approves N230m dividend pay-out