Binance will support dividend distributions for Qualcomm, PayPal, and Alphabet through bStocks

BlockBeats News, August 31, According to an official announcement, Binance will support cash dividend distributions for Qualcomm (QCOM), PayPal (PYPL), and Alphabet (GOOGL) holders through bStocks. The net dividend amounts, after deducting applicable withholding taxes, fees, costs, and other expenses, will be reinvested in the corresponding underlying securities, and users will receive the dividends in the form of QCOMB, PYPLB, and GOOGLB bStocks.

Users holding QCOMB must hold the relevant assets at the snapshot on September 3, 2026, at 00:00 (UTC), while the eligibility snapshots for PYPLB and GOOGLB will be on September 4, 2026, at 00:00 (UTC). Spot trading for the three tokens will not be affected, but QCOMB will temporarily suspend token redemption, deposits, and withdrawals on September 2 at 23:30 (UTC); PYPLB and GOOGLB will each pause their services on September 3 at 23:30 (UTC) and resume after the dividend distribution.