Binance will support Dell Technologies (DELL) cash dividend distribution through its tokenized securities product, bStocks, for holders of the DELLB token. The net dividend amount, after applicable withholding taxes and fees, will be automatically reinvested into additional units or fractions of DELLB rather than paid out in cash. On-chain DELLB holders will receive dividends via a multiplier adjustment mechanism.
Eligible users are those holding DELLB at the record date snapshot of October 20, 2026, at 00:00 UTC. Trading of the DELLB/USDT pair will remain unaffected during the distribution process. However, Binance suspended deposits, withdrawals, and the 1:1 token conversion service between DELL stock and DELLB bStocks at 23:30 UTC on October 19, 2026. These services will resume once the distribution is completed without further notice. Dividends earned from assets held in Savings, Margin, and other accounts will be credited to users' Spot Accounts.
Binance to Distribute Dell Technologies Cash Dividends via bStocks, Reinvesting Net Proceeds into Additional DELLB Units
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
