Middle Eastern Dividend Stocks To Enhance Your Investment Portfolio
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Amid hopes of de-escalation in regional tensions, Middle Eastern stock markets have shown resilience, with Dubai leading gains thanks to economic support measures and a boost from its key sectors. In this environment, dividend stocks can be an attractive option for investors seeking stability and income, as they often represent companies with solid fundamentals and steady cash flows.
Top 10 Dividend Stocks In The Middle East
| Name | Dividend Yield | Dividend Rating |
| Yeni Gimat Gayrimenkul Yatirim Ortakligi (IBSE:YGGYO) | 3.27% | ★★★★★★ |
| Turkiye Garanti Bankasi (IBSE:GARAN) | 3.41% | ★★★★★☆ |
| National General Insurance (P.J.S.C.) (DFM:NGI) | 8.18% | ★★★★★☆ |
| National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK) | 7.60% | ★★★★★☆ |
| Emirates Insurance Company P.J.S.C (ADX:EIC) | 7.89% | ★★★★★★ |
| Emaar Properties PJSC (DFM:EMAAR) | 8.10% | ★★★★★☆ |
| Computer Direct Group (TASE:CMDR) | 12.18% | ★★★★★☆ |
| Arab National Bank (SASE:1080) | 6.02% | ★★★★★☆ |
| Anadolu Hayat Emeklilik Anonim Sirketi (IBSE:ANHYT) | 5.19% | ★★★★★☆ |
| Anadolu Anonim Türk Sigorta Sirketi (IBSE:ANSGR) | 4.06% | ★★★★★☆ |
Here we highlight a subset of our preferred stocks from the screener.
Nuh Çimento Sanayi (IBSE:NUHCM)
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Nuh Çimento Sanayi A.S. is a Turkish company engaged in the production and sale of cement, clinker, and mineral additives, with a market capitalization of TRY38.64 billion.
Operations: Nuh Çimento Sanayi A.S. generates revenue from its operations in the production and sale of cement, clinker, and mineral additives in Turkey.
Dividend Yield: 5.1%
Nuh Çimento Sanayi's dividend yield of 5.05% places it in the top quartile of Turkey's market, but its sustainability is questionable given a high payout ratio of 133.8%. Recent earnings showed a decline, with net income dropping to TRY 746.27 million from TRY 2,401.23 million last year. Although dividends have grown over the past decade, their reliability is compromised by volatility and coverage issues against earnings and cash flows remain a concern.
Arab National Bank (SASE:1080)
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Arab National Bank offers a range of banking products and services across the Kingdom of Saudi Arabia, other GCC countries, the Middle East, Europe, North America, Latin America, Southeast Asia, and internationally with a market cap of SAR43.22 billion.
Operations: Arab National Bank's revenue is primarily derived from its Corporate Banking segment (SAR3.86 billion), followed by Retail Banking (SAR3.50 billion), Treasury operations (SAR1.42 billion), and Investment and Brokerage Services (SAR553.34 million).
Dividend Yield: 6%
Arab National Bank offers a competitive dividend yield of 6.02%, ranking in the top 25% of Saudi Arabia's market, supported by a reasonable payout ratio of 52.6%. However, its dividend history shows volatility and unreliability over the past decade. Despite this, dividends are currently covered by earnings and forecasted to remain so in three years. Recent financial results indicate net income growth to SAR 5.12 billion for 2025, suggesting potential stability in future payouts.
Saudia Dairy & Foodstuff (SASE:2270)
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Saudia Dairy & Foodstuff Company, along with its subsidiaries, is engaged in the production and distribution of dairy products, beverages, and foodstuffs across Saudi Arabia, Poland, other Gulf countries, and internationally; it has a market cap of SAR6.80 billion.
Operations: Saudia Dairy & Foodstuff Company generates revenue from its Beverages segment, amounting to SAR1.61 billion, and its Non-Beverages segment, totaling SAR1.40 billion.
Dividend Yield: 7.5%
Saudia Dairy & Foodstuff Co. offers a high dividend yield of 7.52%, placing it among the top 25% in Saudi Arabia, yet its dividends are not well covered by earnings or cash flows, with a payout ratio of 104.9%. Despite stable and growing dividends over the past decade, recent financial results show a slight decline in net income to SAR 477.39 million for 2025. The interim cash dividend distribution totaled SAR 255.68 million at SAR 8 per share.
Make It Happen
- Navigate through the entire inventory of 57 Top Middle Eastern Dividend Stocks here.
- Already own these companies? Bring clarity to your investment decisions by linking up your portfolio with Simply Wall St, where you can monitor all the vital signs of your stocks effortlessly.
- Invest smarter with the free Simply Wall St app providing detailed insights into every stock market around the globe.
Want To Explore Some Alternatives?
- Explore high-performing small cap companies that haven't yet garnered significant analyst attention.
- Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management.
- 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.
