diff --git a/pallets/subtensor/src/coinbase/run_coinbase.rs b/pallets/subtensor/src/coinbase/run_coinbase.rs
index 9b119f1786..04976adc67 100644
--- a/pallets/subtensor/src/coinbase/run_coinbase.rs
+++ b/pallets/subtensor/src/coinbase/run_coinbase.rs
@@ -318,12 +318,14 @@ impl<T: Config> Pallet<T> {
             let root_prop: I96F32 = root_alpha.checked_div(total_alpha).unwrap_or(zero);
             // Compute root dividends
             let root_divs: I96F32 = dividend.saturating_mul(root_prop);
-            // Record the root dividends.
+            // Compute alpha dividends
+            let alpha_divs: I96F32 = dividend.saturating_sub(root_divs);
+            // Record the alpha dividends.
             alpha_dividends
                 .entry(hotkey.clone())
-                .and_modify(|e| *e = e.saturating_add(dividend))
-                .or_insert(dividend);
-            // Record the alpha_dividends.
+                .and_modify(|e| *e = e.saturating_add(alpha_divs))
+                .or_insert(alpha_divs);
+            // Record the root dividends.
             root_dividends
                 .entry(hotkey.clone())
                 .and_modify(|e| *e = e.saturating_add(root_divs))
diff --git a/runtime/src/lib.rs b/runtime/src/lib.rs
index 8dcce09b1e..0320e89983 100644
--- a/runtime/src/lib.rs
+++ b/runtime/src/lib.rs
@@ -229,7 +229,7 @@ pub const VERSION: RuntimeVersion = RuntimeVersion {
     //   `spec_version`, and `authoring_version` are the same between Wasm and native.
     // This value is set to 100 to notify Polkadot-JS App (https://polkadot.js.org/apps) to use
     //   the compatible custom types.
-    spec_version: 239,
+    spec_version: 240,
     impl_version: 1,
     apis: RUNTIME_API_VERSIONS,
     transaction_version: 1,