Binance has begun distributing dividends for its Applied Materials tokenized stock token, AMATB, directly into holders' Spot Wallets. Users who held the token prior to August 20, 2026, receive their payments in additional AMATB tokens without the need for a traditional brokerage account.
This development is part of Binance's bStock initiative, which places traditional US equities onto a blockchain layer to allow crypto-native investors to trade them around the clock.
How the AMATB Dividend Works
The dividend corresponds to Applied Materials' underlying quarterly cash payout of $0.53 per share, representing an increase from the company's previous quarterly dividend of $0.46, or a roughly 15% bump.
Binance takes the cash dividend distributed by Applied Materials on the traditional side, converts the economic value into additional AMATB tokens, and credits them to qualifying wallets. The record date was August 20, 2026, with the underlying payment date scheduled for September 10, 2026.
Each AMATB token is fully collateralized by actual Applied Materials shares held at a US-regulated broker-dealer, giving holders the option to convert their tokens into physical shares.
Expansion of Tokenized Equities
The AMATB product follows similar bStock offerings rolled out by Binance for other major US equities, such as Microsoft (MSFTB) and Apple (AAPLB), both of which have also distributed dividends through the Spot Wallet mechanism.
Applied Materials is a major semiconductor equipment manufacturer, supplying the machinery used to produce smartphone processors and AI accelerators. The tokenization of the stock provides a global audience of crypto investors with access to the company that might not otherwise have easy entry into US equity markets.
