Binance is distributing a $0.27 per-share dividend to holders of the AAPLB token, its tokenized representation of Apple stock on the platform. The record date for eligibility is August 10, 2026 at 00:00 UTC. Rather than being paid in cash, the net dividend is automatically reinvested into additional AAPLB tokens through a dividend reinvestment plan (DRIP) mechanism. The bStocks program, launched in June 2026, has accumulated $500 million in assets under management in roughly two months. AAPLB and IBMB tokens are 1:1 backed by actual shares held at a regulated custodian, though holders do not have voting rights or shareholder status.
Source: Read the original article
