Eligible NOKB holders will receive Nokia dividends reinvested as additional NOKB units after taxes and fees.
Binance will facilitate the distribution of Nokia’s cash dividend to holders of its NOKB token via the bStocks platform. The net dividend amount will be automatically reinvested into additional NOKB units or fractions after applicable withholding taxes, fees, and deductions are applied.
The distribution applies to eligible users outside the European Economic Area. Dividends will be credited in the form of NOKB bStocks, which represent the underlying Nokia shares. Binance did not disclose the exact dividend amount or timing of the payout.
No immediate market reaction was reported following the announcement.