As most Gulf markets experience gains amid ongoing US-Iran diplomatic discussions, investors are closely monitoring the potential impacts on regional indices and economic stability. In this context, dividend stocks can offer a reliable income stream, providing a cushion against market fluctuations while capitalizing on the Middle East's evolving economic landscape.

Top 10 Dividend Stocks In The Middle East

Name	Dividend Yield	Dividend Rating
Yeni Gimat Gayrimenkul Yatirim Ortakligi (IBSE:YGGYO)	3.17%	★★★★★★
Turkiye Garanti Bankasi (IBSE:GARAN)	3.14%	★★★★★☆
National General Insurance (P.J.S.C.) (DFM:NGI)	7.50%	★★★★★☆
National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK)	7.59%	★★★★★☆
Emirates Insurance Company P.J.S.C (ADX:EIC)	8.00%	★★★★★★
Emaar Properties PJSC (DFM:EMAAR)	8.33%	★★★★★☆
Dubai Insurance Company (P.S.C.) (DFM:DIN)	5.88%	★★★★★☆
Computer Direct Group (TASE:CMDR)	12.01%	★★★★★☆
Anadolu Hayat Emeklilik Anonim Sirketi (IBSE:ANHYT)	5.23%	★★★★★☆
Anadolu Anonim Türk Sigorta Sirketi (IBSE:ANSGR)	3.77%	★★★★★☆

Here we highlight a subset of our preferred stocks from 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 SAR87.95 billion.

Operations: Riyad Bank's revenue segments include Retail Banking at SAR4.42 billion, Corporate Banking at SAR9.24 billion, Treasury and Investments at SAR2.32 billion, and Investment Banking and Brokerage at SAR1.02 billion.

Dividend Yield: 4.8%

Riyad Bank's dividend strategy shows mixed signals. The bank recently announced a SAR 0.55 per share dividend for the second half of 2025, with a total distribution of SAR 1.64 billion, reflecting a well-covered payout ratio of 42.5%. However, its dividends have been volatile over the past decade and are lower than top-tier payers in Saudi Arabia. Despite this, Riyad Bank's earnings growth and favorable valuation compared to peers offer potential stability for future payouts.

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 customers in Saudi Arabia, with a market cap of SAR17.09 billion.

Operations: The Saudi Investment Bank's revenue is primarily derived from Corporate Banking (SAR2.04 billion), Retail Banking (SAR1.23 billion), Treasury and Investments including Business Partners (SAR1.21 billion), and Asset Management and Brokerage (SAR269.79 million).

Dividend Yield: 5.9%

Saudi Investment Bank's dividend profile presents a blend of strengths and challenges. The bank's dividends are currently well-covered by earnings with a payout ratio of 55.7%, though they have been volatile over the past decade. Despite this instability, dividends have grown over ten years, supported by strong earnings growth—net income rose to SAR 2.43 billion in 2025. Trading at a favorable price-to-earnings ratio of 8.1x compared to the broader market enhances its investment appeal, albeit with a slightly lower yield than top-tier payers in Saudi Arabia.

Derayah Financial (SASE:4084)

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

Overview: Derayah Financial Company offers financial and investment services in Saudi Arabia, with a market cap of SAR5.25 billion.

Operations: Derayah Financial Company generates revenue from its financial and investment services in Saudi Arabia.

Dividend Yield: 6.1%

Derayah Financial's dividend yield of 6.09% places it among the top 25% in the Saudi Arabian market, yet its stability remains uncertain as dividends have only recently commenced. The payout ratio of 80% indicates dividends are covered by earnings and cash flows, with a cash payout ratio at 69.7%. Despite revenue growth to SAR 935 million in 2025, net income declined to SAR 400 million from SAR 444 million the previous year.

Next Steps

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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.