Binance will distribute IBM, AAPL, GLW, and LLY dividends via bStocks.

on November 6, according to an official announcement, Binance will distribute dividends corresponding to the respective tokenized securities to users holding IBMB, AAPLB, GLWB, and LLYB balances. These tokens represent IBM, Apple, Corning, and Eli Lilly, respectively. After deducting withholding taxes, fees, and other expenses, net cash dividends will be reinvested into additional units or fractional shares of the same underlying securities, with users receiving dividends in token form. For users holding relevant tokens on-chain, dividends will be distributed via ratio adjustments.

Snapshot times (UTC+8) are as follows: 08:00 on November 10 for IBMB, 08:00 on November 12 for AAPLB, and 08:00 on November 13 for GLWB and LLYB. The announcement notes that bStocks represent the issuer's interest in the underlying securities, rather than direct ownership of the shares.