As Gulf markets experience fluctuations amid geopolitical tensions and international diplomatic efforts, investors are keeping a close eye on the region's economic stability and potential impacts from global events. In this environment, dividend stocks can offer a measure of income stability, making them an attractive consideration for those looking to balance risk with consistent returns in their portfolios.

Top 10 Dividend Stocks In The Middle East

Name	Dividend Yield	Dividend Rating
Turkiye Garanti Bankasi (IBSE:GARAN)	3.34%	★★★★★☆
Saudi Investment Bank (SASE:1030)	6.10%	★★★★★☆
National General Insurance (P.J.S.C.) (DFM:NGI)	7.75%	★★★★★☆
Matrix IT (TASE:MTRX)	3.87%	★★★★★☆
Emirates Insurance Company P.J.S.C (ADX:EIC)	7.89%	★★★★★★
Emaar Properties PJSC (DFM:EMAAR)	8.45%	★★★★★☆
Dubai Insurance Company (P.S.C.) (DFM:DIN)	5.88%	★★★★★☆
Computer Direct Group (TASE:CMDR)	5.40%	★★★★★☆
Arab National Bank (SASE:1080)	6.11%	★★★★★☆
Anadolu Hayat Emeklilik Anonim Sirketi (IBSE:ANHYT)	7.31%	★★★★★☆

We're going to check out a few of the best picks from our screener tool.

Baskent Dogalgaz Dagitim Gayrimenkul Yatirim Ortakligi (IBSE:BASGZ)

Simply Wall St Dividend Rating: ★★★★☆☆

Overview: Baskent Dogalgaz Dagitim Gayrimenkul Yatirim Ortakligi A.S. operates in the natural gas distribution sector and has a market capitalization of TRY35.07 billion.

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Dividend Yield: 5.6%

Baskent Dogalgaz Dagitim Gayrimenkul Yatirim Ortakligi's dividend yield of 5.59% places it among the top 25% in Turkey, although its dividend history is marked by volatility and only four years of payments. Despite this, dividends are well-covered by earnings (40.8% payout ratio) and cash flows (59.4% cash payout ratio). Recent financials show a decline in Q1 net income to TRY 2.07 billion from TRY 2.52 billion year-on-year, with an annual dividend of TRY 2 per share announced for July 2026.

Riyad Bank (SASE:1010)

Simply Wall St Dividend Rating: ★★★★☆☆

Overview: Riyad Bank offers banking and investment services in the Kingdom of Saudi Arabia, with a market capitalization of SAR81.74 billion.

Operations: Riyad Bank's revenue is primarily derived from its Corporate Banking segment at SAR9.74 billion, followed by Retail Banking at SAR4.45 billion, Treasury and Investments at SAR2.01 billion, and Investment Banking and Brokerage at SAR1.01 billion.

Dividend Yield: 5.2%

Riyad Bank's recent earnings report shows a steady increase in net income to SAR 2.61 billion for Q1 2026, up from SAR 2.49 billion the previous year, with dividends covered by a payout ratio of 42.1%. However, its dividend history is marked by volatility over the past decade. Despite this instability, the bank trades at an attractive P/E ratio of 8.2x compared to the Saudi Arabian market average of 17.8x, offering potential value for investors seeking dividend stocks in the region.

Saudi Investment Bank (SASE:1030)

Simply Wall St Dividend Rating: ★★★★★☆

Overview: The Saudi Investment Bank offers commercial and retail banking services to individuals, small to medium-sized businesses, and corporate and institutional clients in Saudi Arabia, with a market cap of SAR16.40 billion.

Operations: The Saudi Investment Bank's revenue is primarily derived from Corporate Banking (SAR2.00 billion), Treasury and Investments (SAR1.37 billion), Retail Banking (SAR1.13 billion), and Asset Management and Brokerage (SAR276.54 million).

Dividend Yield: 6.1%

Saudi Investment Bank's Q1 2026 earnings reveal a net income rise to SAR 519.56 million, with dividends supported by a payout ratio of 55.7%. Despite an unstable dividend history marked by volatility, the bank offers a competitive dividend yield of 6.1%, placing it in the top quartile among Saudi Arabian dividend payers. Additionally, its P/E ratio of 7.8x suggests it trades at favorable value relative to the broader market, appealing to value-focused investors.

Make It Happen

• Explore the 59 names from our Top Middle Eastern Dividend Stocks screener here.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.