PANews
PANews|Nov 06, 2026 01:02
Binance to Distribute Dividends for IBM, AAPL, GLW, and LLY Through bStocks According to a Binance announcement, Binance will distribute dividends to users holding IBMB, AAPLB, GLWB, and LLYB tokens, representing IBM, Apple, Corning, and Eli Lilly, respectively. After deducting withholding taxes, fees, and other charges, the net cash dividend will be reinvested in additional units or fractional shares of the same underlying security, and users will receive the dividends in token form. For users holding the relevant tokens on-chain, the dividends will be distributed through a multiplier adjustment. The snapshot times (UTC+8) are as follows: IBMB held at 08:00 on November 10th, AAPLB held at 08:00 on November 12th, and GLWB and LLYB held at 08:00 on November 13th. The announcement states that bStocks represent the issuer's interest in the relevant securities and do not represent direct ownership of the relevant shares.
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