Binance to support cash dividend distribution for QCOMB, PYPLB and GOOGLB holders via bStocks
Binance said it will support cash dividend distributions through bStocks for holders of QCOMB, PYPLB and GOOGLB, which track Qualcomm, PayPal and Alphabet respectively. According to the exchange’s announcement dated Aug. 31, the net dividend amount, after applicable withholding tax, fees, costs and other related expenses, will be reinvested into the corresponding underlying securities. Users will then receive the dividend in the form of QCOMB, PYPLB and GOOGLB bStocks. Eligibility will be determined by asset snapshots. For QCOMB holders, the snapshot is set for Sept. 3, 2026 at 00:00 UTC. For PYPLB and GOOGLB holders, the snapshot time is Sept. 4, 2026 at 00:00 UTC. Binance added that spot trading for all three tokens will remain unaffected. Still, token conversion, deposits and withdrawals will be suspended on a temporary basis: QCOMB services will pause at 23:30 UTC on Sept. 2, while PYPLB and GOOGLB services will pause at 23:30 UTC on Sept. 3. The exchange said those services will resume after the dividend distribution is completed.




