Gate said it has completed dividend distributions for stocks and exchange-traded funds including Dell Technologies (DELL) and General Electric (GE), covering 98 payout records in total, including multiple distributions under the same ticker. The batch covered U.S., South Korean, Hong Kong and Japanese market products with corporate payout dates from Oct. 26 to Oct. 30.
According to the announcement, the eligible assets spanned sectors including technology, financial services, energy, consumer goods, healthcare, industrial manufacturing, real estate and utilities. Representative names listed by the platform included DELL, GE, Micron Technology (MU), the SPDR S&P 500 ETF (SPY) and Philip Morris International (PM).
Gate said it distributed dividend amounts on a pro rata basis to eligible users based on stock holdings recorded at the snapshot time, with payouts settled in USDT equivalent. The process was handled automatically and did not require user action. Actual credited amounts were calculated using position size, dividend per share, applicable taxes and exchange rates, and the funds have been deposited into users’ spot accounts.
Gate said it has completed dividend distributions for stocks and exchange-traded funds including Dell Technologies (DELL) and General Electric (GE), with 98 payout records involved in total. The figure includes multiple dividend payments under the same ticker.
The distribution batch covered U.S., South Korean, Hong Kong and Japanese market products whose corporate payout dates fell between Oct. 26 and Oct. 30. The assets involved sectors including technology, financial services, energy, consumer goods, healthcare, industrial manufacturing, real estate and utilities. Representative names listed in the announcement included DELL, GE, Micron Technology (MU), the SPDR S&P 500 ETF (SPY) and Philip Morris International (PM).
According to Gate, the platform distributed USDT-equivalent dividends to eligible users on a pro rata basis based on relevant stock holdings recorded at the snapshot time. The process was automatic and required no user action. The actual amount credited was calculated based on the number of shares held, the dividend per share, applicable taxes and exchange rates, and the funds have already been deposited into users’ spot accounts.
Gate said the latest batch covered multiple markets and asset classes and adds to its post-trade dividend settlement service for stock and ETF products.
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