As most Gulf markets experience gains ahead of crucial U.S. jobs data, the Middle Eastern stock landscape remains buoyant, driven by factors such as rising oil prices and expectations of potential interest rate cuts by the Federal Reserve. In this environment, dividend stocks emerge as attractive options for investors seeking steady income streams, offering a measure of stability amid fluctuating market conditions.

Top 10 Dividend Stocks In The Middle East

Name	Dividend Yield	Dividend Rating
Saudi Awwal Bank (SASE:1060)	6.61%	★★★★★☆
Riyad Bank (SASE:1010)	6.66%	★★★★★☆
National General Insurance (P.J.S.C.) (DFM:NGI)	7.05%	★★★★★☆
National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK)	6.33%	★★★★★☆
Emirates NBD Bank PJSC (DFM:EMIRATESNBD)	4.00%	★★★★★☆
Emaar Properties PJSC (DFM:EMAAR)	6.99%	★★★★★☆
Delek Group (TASE:DLEKG)	6.75%	★★★★★☆
Arab National Bank (SASE:1080)	5.67%	★★★★★☆
Anadolu Hayat Emeklilik Anonim Sirketi (IBSE:ANHYT)	6.94%	★★★★★☆
Al Wathba National Insurance Company PJSC (ADX:AWNIC)	6.06%	★★★★★☆

Let's uncover some gems from our specialized screener.

Dubai Investments PJSC (DFM:DIC)

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

Overview: Dubai Investments PJSC operates in property, investment, manufacturing, contracting, and services sectors both within the United Arab Emirates and internationally, with a market capitalization of AED12.08 billion.

Operations: Dubai Investments PJSC generates revenue from various segments, including Property (AED1.87 billion), Investments (AED214.32 million), and Manufacturing, Contracting and Services (AED1.46 billion).

Dividend Yield: 6.3%

Dubai Investments PJSC offers a dividend yield of 6.34%, placing it in the top 25% of dividend payers in the AE market. However, its dividends have been volatile and not well covered by cash flows, with a high cash payout ratio of 130.7%. Recent earnings growth and a reasonable payout ratio suggest coverage by earnings, but large one-off items affect financial results. The company reported increased net income for H1 2025 despite declining revenue.

Emirates NBD Bank PJSC (DFM:EMIRATESNBD)

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

Overview: Emirates NBD Bank PJSC, along with its subsidiaries, offers a range of corporate, institutional, retail, treasury, and Islamic banking services and has a market cap of AED157.91 billion.

Operations: Emirates NBD Bank PJSC generates revenue from several segments, including Retail Banking and Wealth Management (AED16.60 billion), Deniz Bank (AED10.78 billion), Corporate and Institutional Banking (AED9.77 billion), and Global Markets and Treasury (AED2.56 billion).

Dividend Yield: 4%

Emirates NBD Bank PJSC provides a stable dividend yield of 4%, supported by a low payout ratio of 29.8%, ensuring dividends are well covered by earnings. Over the past decade, dividends have grown consistently and remained reliable. Despite trading at an attractive price-to-earnings ratio of 7.5x, its yield is below the top quartile in the AE market. Recent earnings showed net income for H1 2025 decreased to AED 12.5 billion from AED 13.8 billion last year, amid high non-performing loans at 2.8%.

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 SAR78.62 billion.

Operations: Riyad Bank's revenue is derived from four main segments: Retail Banking (SAR4.24 billion), Corporate Banking (SAR8.56 billion), Treasury and Investments (SAR2.69 billion), and Investment Banking and Brokerage (SAR1.04 billion).

Dividend Yield: 6.7%

Riyad Bank offers a compelling dividend yield of 6.66%, placing it in the top 25% of SA market payers, with a payout ratio of 54.8% indicating sustainability. Despite past volatility, dividends have grown over the last decade. Recent earnings show growth, with Q2 net income rising to SAR 2.6 billion from SAR 2.3 billion year-on-year, supporting dividend payouts like the recent SAR 0.85 per share distribution for H1 2025, totaling SAR 2.54 billion.

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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.