Middle Eastern Dividend Stocks To Watch In May 2026

ALINMA

ALINMA

1150.SA

0.00

As geopolitical tensions and economic uncertainties weigh on Middle Eastern markets, investors are closely monitoring developments such as the Trump-Xi meeting that could influence regional stability and energy prices. In this environment, dividend stocks can offer a measure of stability and potential income, making them an attractive option for those seeking to navigate the current market volatility.

Top 10 Dividend Stocks In The Middle East

Name Dividend Yield Dividend Rating
Turkiye Garanti Bankasi (IBSE:GARAN) 3.28% ★★★★★☆
Saudi National Bank (SASE:1180) 5.96% ★★★★★☆
Saudi Investment Bank (SASE:1030) 6.09% ★★★★★☆
National General Insurance (P.J.S.C.) (DFM:NGI) 7.75% ★★★★★☆
Emirates Insurance Company P.J.S.C (ADX:EIC) 7.89% ★★★★★★
Emaar Properties PJSC (DFM:EMAAR) 8.49% ★★★★★☆
Computer Direct Group (TASE:CMDR) 5.52% ★★★★★☆
Arab National Bank (SASE:1080) 6.14% ★★★★★☆
Anadolu Hayat Emeklilik Anonim Sirketi (IBSE:ANHYT) 7.31% ★★★★★☆
Akbank T.A.S (IBSE:AKBNK) 3.04% ★★★★★☆

Here's a peek at a few of the choices from the screener.

Abu Dhabi National Hotels Company PJSC (ADX:ADNH)

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

Overview: Abu Dhabi National Hotels Company PJSC owns and manages hotels in the United Arab Emirates, with a market cap of AED4.79 billion.

Operations: The revenue segments for Abu Dhabi National Hotels Company PJSC are comprised of AED1.53 billion from hotels, AED1.80 billion from catering services, and AED229.20 million from transport services.

Dividend Yield: 7.9%

Abu Dhabi National Hotels Company PJSC's recent earnings report shows a decline in both sales and net income compared to the previous year, with AED 863.3 million in sales and AED 96.29 million in net income for Q1 2026. Despite a high dividend yield of 7.89%, which places it among the top payers in the AE market, its dividends are not well covered by free cash flows due to a high cash payout ratio of over 100%. The company's dividends have been volatile over the past decade, although they have increased during this period.

    ADX:ADNH Dividend History as at May 2026
    ADX:ADNH Dividend History as at May 2026

    BIM Birlesik Magazalar (IBSE:BIMAS)

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

    Overview: BIM Birlesik Magazalar A.S. operates retail stores in Turkey, Morocco, and Egypt and has a market capitalization of TRY245.46 billion.

    Operations: BIM Birlesik Magazalar A.S. generates revenue of TRY740.61 billion from its retail store operations across Turkey, Morocco, and Egypt.

    Dividend Yield: 3.1%

    BIM Birlesik Magazalar's recent earnings report indicates robust financial health, with Q1 2026 net income rising to TRY 6.46 billion from TRY 3.54 billion a year ago, supporting its dividend payments. The company's payout ratio of 43.6% and cash payout ratio of 48.2% suggest dividends are well covered by earnings and cash flows, respectively. Although the dividend yield is competitive at 3.14%, the track record remains unstable with volatility in payouts over its nine-year history of distributions.

      IBSE:BIMAS Dividend History as at May 2026
      IBSE:BIMAS Dividend History as at May 2026

      Alinma Bank (SASE:1150)

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

      Overview: Alinma Bank offers banking and investment services in the Kingdom of Saudi Arabia, with a market cap of SAR70.92 billion.

      Operations: Alinma Bank's revenue is primarily derived from its Retail segment (SAR5.42 billion), followed by Corporate Banking (SAR2.50 billion), Treasury (SAR2.04 billion), and Investment and Brokerage services (SAR1.14 billion).

      Dividend Yield: 4.2%

      Alinma Bank's dividend prospects are supported by a payout ratio of 51.8%, indicating coverage by earnings, with future forecasts suggesting improved sustainability at 43.6%. Despite a history of volatility in dividend payments over the past decade, recent increases and a quarterly SAR 0.25 per share dividend affirm its commitment to shareholders. The bank's Q1 2026 net income rose to SAR 1.68 billion from SAR 1.51 billion, reflecting robust financial performance that may enhance dividend stability moving forward.

        SASE:1150 Dividend History as at May 2026
        SASE:1150 Dividend History as at May 2026

        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.