Binance will distribute dividends for Qualcomm Incorporated, PayPal, and Alphabet via bStocks

Odaily News: According to the official announcement, Binance will distribute dividends for Qualcomm Incorporated (QCOM), PayPal (PYPL), and Alphabet (GOOGL) to users holding QCOMB/PYPLB/GOOGLB balances via bStocks. After deducting applicable withholding taxes, fees, costs, and other charges, the net cash dividend will be reinvested into additional units or fractional shares of the same underlying securities.

Eligible users will receive the dividends in the form of QCOMB/PYPLB/GOOGLB stock tokens.