Episode 5) Execution and distributions on Binance
1. Check that the stocks section is available in your app and complete identity verification (KYC).
2. Deposit stablecoins, then buy fractional shares using limit orders.
3. You are eligible for the distribution only if you buy before the ex-dividend date. You can find it on Yahoo Finance, Nasdaq, or the investor relations page.
4. Binance distributes cash dividends in USDC to holders, and taxes may be deducted, so read the terms.
Example: An investment of $30,000 spread across PG, KO, and JNJ would generate around $794 per year (a combined yield of around 2.65%), according to a public source. This figure is not guaranteed.