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So I am looking for the best way to distribute dividends (airdrop) tokens of various ERC20 tokens based on the balance of holdings at a point in time of another token.

So I have an ERC20 token already deployed, and am thinking a new dividend contract where dividends from token B are automatically distributed based on balance of token A at that point in time. Just not sure if this is the best way to go about it. Ideally the contract would accept any ERC20 token and distribute it, to allow users to claim token B, and in the future token C.

Has anyone seen this done, or is it possible to do?

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