律动BlockBeats|Aug 31, 2026 05:04
[Binance to Support Qualcomm, PayPal, and Alphabet Cash Dividend Distribution via bStocks]
BlockBeats News, August 31, according to an official announcement, Binance will support cash dividend distribution for holders of QCOMB, PYPLB, and GOOGLB, corresponding to Qualcomm (QCOM), PayPal (PYPL), and Alphabet (GOOGL), through bStocks. After deducting applicable withholding taxes, fees, costs, and other related expenses, the net dividend will be reinvested into the corresponding underlying securities, and users will receive the dividends in the form of QCOMB, PYPLB, and GOOGLB bStocks.
Users holding QCOMB must possess the relevant assets at the snapshot time of 00:00 (UTC) on September 3, 2026, while the eligibility snapshot times for PYPLB and GOOGLB are both at 00:00 (UTC) on September 4, 2026. Spot trading for all three tokens will remain unaffected, but QCOMB will suspend token conversion, deposits, and withdrawals at 23:30 (UTC) on September 2. PYPLB and GOOGLB will suspend related services at 23:30 (UTC) on September 3, respectively, and services will resume after the dividend distribution is completed.
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