Binance distributed a gross dividend of $0.27 per share to holders of AAPLB, its tokenized version of Apple stock, by providing additional tokens. The net amount, after taxes and fees, was used to buy more AAPLB and credit the tokens automatically to eligible users’ Spot Wallets. The payout relied on an August 10, 2026, holding snapshot, while 1:1 swaps between AAPLB and the underlying stock were suspended around distribution dates. The mechanism is part of the bStocks program, which launched in June 2026 and managed approximately $500 million in assets, allowing dividends to be reinvested automatically but requiring holders to sell tokens if they want cash.
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