The Annual General Meeting of Shelly Group SE (Ticker SLYG / ISIN:BG1100003166), a provider of IoT and smart building solutions, approved the proposal of the Board of Directors to distribute a gross dividend of EUR 0.13 per share, the company announced on June 29, 2026. A total of approximately EUR 2.36 million will be distributed to shareholders.
The dividend will be paid in euro within 60 days following the meeting. Shareholders entered in the register on the 14th day after the meeting will be entitled to receive the dividend. All resolutions proposed under the agenda items were adopted, including the discharge of the members of the Board of Directors for the past financial year.
Shelly Group SE, based in Sofia, Bulgaria, develops, designs, and distributes IoT and smart building solutions for DIY and professional users. The company's products enable remote control, automation, and energy management of electrical appliances and smart building solutions via smartphones, PCs, or third-party home automation systems. In addition to device sales, Shelly Group generates revenue from its cloud applications and benefits from asset-light production through contract manufacturers.
The company has a strong presence in German-speaking countries and is represented in over 100 countries. With sales organizations in DACH, Benelux, the Nordics, Iberia, Poland, Italy, France, the United Kingdom, Bulgaria, Slovenia, the United States, and China, Shelly Group maintains a broad international footprint. Shelly Group SE is listed on the Bulgarian Stock Exchange and on the regulated market (Prime Standard) of the Frankfurt Stock Exchange (XETRA: SLYG), and is included in the SDAX.
This dividend approval signals the company's financial health and commitment to returning value to shareholders. For leaders in business and technology, the move underscores Shelly Group's stable cash flow and confidence in its ongoing operations, particularly as it continues to expand its IoT and smart building solutions globally. The dividend payout may also influence investor perception and stock performance in the near term.
