Binance will distribute dividends to users holding IBMB, AAPLB, GLWB and LLYB, which represent IBM, Apple, Corning and Eli Lilly securities. After withholding taxes, fees and other charges, net cash dividends will be reinvested into additional full or fractional units of the same securities and delivered to users as tokens. Users holding the assets on-chain will receive the dividends through a multiplier adjustment. Eligibility snapshots are scheduled for Nov. 10, Nov. 12 and Nov. 13 at 08:00 UTC+8. Binance said bStocks represent interests in securities held by the issuer, rather than direct ownership of the underlying shares.