Binance to Support Dividend Distributions for Four bStocks

According to a Binance official announcement reported by TechFlow on November 6, the platform will support cash dividend distributions for the bStocks corresponding to IBM, Apple, Corning, and Eli Lilly. Net dividends after applicable taxes and other fees will be reinvested, and eligible users will receive the corresponding bStocks.

The position snapshot times are November 10 at 08:00 Beijing Time (IBMB), November 12 at 08:00 Beijing Time (AAPLB), and November 13 at 08:00 Beijing Time (GLWB and LLYB). The announcement states that the USDT trading pairs for the four tokens will not be affected, and on-chain holders will receive dividends through multiplier adjustments.

Source: TechFlow