Amid recent geopolitical tensions in the Middle East, many Gulf markets have experienced a dip, reflecting the region's ongoing volatility and its impact on investor sentiment. In such an environment, dividend stocks can offer a measure of stability and income potential, making them an attractive consideration for investors looking to navigate uncertain market conditions.

Top 10 Dividend Stocks In The Middle East

Name	Dividend Yield	Dividend Rating
Yeni Gimat Gayrimenkul Yatirim Ortakligi (IBSE:YGGYO)	3.22%	★★★★★☆
Turkiye Garanti Bankasi (IBSE:GARAN)	3.40%	★★★★★☆
National General Insurance (P.J.S.C.) (DFM:NGI)	7.91%	★★★★★☆
Matrix IT (TASE:MTRX)	4.17%	★★★★★☆
Emirates Insurance Company P.J.S.C (ADX:EIC)	8.31%	★★★★★★
Emaar Properties PJSC (DFM:EMAAR)	9.26%	★★★★★☆
Dubai Insurance Company (P.S.C.) (DFM:DIN)	5.88%	★★★★★☆
Arab National Bank (SASE:1080)	6.28%	★★★★★☆
Anadolu Hayat Emeklilik Anonim Sirketi (IBSE:ANHYT)	8.09%	★★★★★☆
Akbank T.A.S (IBSE:AKBNK)	3.30%	★★★★★☆

Let's explore several standout options from the results in the screener.

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 SAR80.11 billion.

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

Dividend Yield: 5.2%

Riyad Bank's recent Q1 2026 earnings show net interest income of SAR 3.39 billion and net income of SAR 2.61 billion, reflecting stable financial health. The bank's dividend payout ratio is a conservative 42.1%, indicating dividends are well covered by earnings, although the dividend track record has been volatile over the past decade. Trading at a favorable price-to-earnings ratio of 8.1x, it offers good value compared to peers despite its below-top-tier dividend yield in Saudi Arabia.

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 SAR16.54 billion.

Operations: The Saudi Investment Bank's revenue segments include Retail Banking at SAR1.13 billion, Corporate Banking at SAR2 billion, Asset Management and Brokerage at SAR276.54 million, and Treasury and Investments (Including Business Partners) at SAR1.37 billion.

Dividend Yield: 6%

Saudi Investment Bank's dividend yield of 6.02% is slightly below the top quartile in Saudi Arabia, with a history of volatility over the past decade. The bank's payout ratio stands at 55.7%, suggesting dividends are covered by earnings and expected to remain so in three years. Recent financials show Q1 net income at SAR 519.56 million, while trading at a favorable P/E ratio of 7.9x indicates good value relative to peers despite an unstable dividend track record.

I.D.I. Insurance (TASE:IDIN)

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

Overview: I.D.I. Insurance Company Ltd. offers insurance products and services to both individuals and corporate clients in Israel, with a market capitalization of ₪3.22 billion.

Operations: I.D.I. Insurance Company Ltd.'s revenue segments include Health at ₪315.33 million, General Insurance at ₪2.99 billion, and Life Insurance and Long-Term Savings at ₪316.18 million.

Dividend Yield: 7.8%

I.D.I. Insurance's dividend yield of 7.77% ranks in the top 25% of Israeli dividend payers, yet its history reveals volatility and unreliability over the past decade. Despite a reasonable payout ratio of 71.2%, dividends aren't covered by free cash flows, raising sustainability concerns. Recent earnings growth is notable with Q1 net income at ILS 98.31 million, but the lack of free cash flow coverage suggests caution for investors prioritizing stable dividends.

Key Takeaways

• Click this link to deep-dive into the 63 companies within our Top Middle Eastern Dividend Stocks screener.
• Are any of these part of your asset mix? Tap into the analytical power of Simply Wall St's portfolio to get a 360-degree view on how they're shaping up.
• Elevate your portfolio with Simply Wall St, the ultimate app for investors seeking global market coverage.

Contemplating Other Strategies?

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• Find companies with promising cash flow potential yet trading below their fair value.

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.