Riyadh, Saudi Arabia – August 13, 2025 – With the Q2 2025 earnings season now behind us, investors are keenly analyzing the corporate scorecards to identify companies that not only show robust growth but also generously reward their shareholders. In the hunt for steady income, a key metric is the dividend yield, which offers a clear picture of the returns an investor can expect.

Our latest review focuses on the Trailing Twelve Month (TTM) dividend yield, calculated based on dividends distributed from the third quarter of 2024 through the second quarter of 2025, using the closing stock prices as of August 12, 2025. This analysis reveals the market's top-tier dividend players, providing valuable insights for those aiming to bolster their portfolios with consistent income streams.

Leading the pack are three standout companies from diverse sectors: United Electronics Co.(4003.SA) (eXtra), Saudi Telecom Co.(7010.SA) (stc), and Saudi Steel Pipe Co.(1320.SA) (SSP). Each has demonstrated a strong commitment to shareholder returns, backed by unique strategic and financial achievements.

🥇 1st Place: United Electronics Company (eXtra)

TTM Dividend Yield: 11.24%

United Electronics Co.(4003.SA), known to consumers as eXtra, has claimed the top spot, a testament to its strong retail and financial services performance.

The company's financial results for the period ending June 30, 2025, showcased impressive growth. eXtra reported a Q2 net profit of SAR 124.5 million, a 16.8% increase compared to the same quarter last year. This was fueled by a 10.6% rise in revenues to SAR 2,124.7 million. This growth was driven by a 9.1% increase in retail sales, thanks to a successful "Mega Sale" campaign and an expanding customer base for its "Jood" loyalty program. Furthermore, its consumer finance segment saw revenues jump by a remarkable 28.4%.

In a move celebrated by investors, eXtra's Board of Directors announced on July 30, 2025, a cash dividend distribution of SAR 2.00 per share for the first half of 2025, totaling SAR 160 million. The eligibility for this dividend was set for shareholders as of August 3, 2025.

The company distributed total of SAR 8.00 per share after 2024 Q4 earnings reported.

Adding to its dynamic quarter, on August 5, 2025, eXtra's board approved the sale of a 1.25% stake in its subsidiary, United International Holding Company. This strategic decision is aimed at increasing the subsidiary's public shareholding liquidity in preparation for a future capital increase.

🥈 2nd Place: Saudi Telecom Company (stc)

TTM Dividend Yield: 9.57%

The telecommunications giant, Saudi Telecom Co.(7010.SA), continues to be a cornerstone for income investors, securing the second position with its consistent and substantial dividend policy.

For the second quarter of 2025, stc announced a net profit of SAR 3.82 billion, marking a significant 15.7% year-on-year increase. The company's revenues also climbed 2.6% to SAR 19.45 billion. This robust performance was attributed to revenue growth across its commercial, wholesale, and subsidiaries units, alongside enhanced operational efficiency which saw its EBITDA grow by 7.0%. A notable factor contributing to the profit surge was the reversal of a Zakat provision from previous years.

Reinforcing its commitment to shareholders, stc announced on July 27, 2025, an interim dividend of SAR 0.55 per share for Q2 2025, amounting to a total distribution of SAR 2.74 billion. This is in line with the company's three-year dividend policy, which provides investors with clear visibility on future returns. The eligibility for this dividend was dated July 30, 2025, with distribution scheduled for August 19, 2025.

The company distributed SAR 0.40/share, SAR 2.55/share, and SAR 0.55/share during 2024 Q3 to 2025 Q1. 

🥉 3rd Place: Saudi Steel Pipe Co. (SSP)

TTM Dividend Yield: 7.75%

Saudi Steel Pipe Co.(1320.SA) takes the third spot, showcasing a story of strategic gains that have bolstered its bottom line and supported shareholder returns.

SSP’s Q2 2025 results presented a fascinating picture. While revenue for the quarter decreased to SAR 336 million from SAR 472 million in the prior year due to lower volumes, its net profit soared by 29.2% to SAR 93 million. This remarkable profit surge was primarily due to a one-time gain of SAR 54 million from a land settlement compensation. The company successfully unwound a 2010 land purchase, receiving the original price plus damages.

This one-off event significantly boosted profitability, allowing the company to maintain strong shareholder value despite a decrease in gross profit from lower sales volumes. The company's financial discipline was further highlighted by a reduction in net debt to SAR 141 million, even after distributing dividends totaling SAR 200 (this is the regular cash dividends for financial year 2024 and extraordinary cash dividends from retained earnings, which announced on 2025-05-07). SSP's high TTM yield is largely attributed to the significant dividend of SAR 3.95 per share paid, as mentioned above.

On the leadership front, SSP announced on June 11, 2025, the appointment of Mr. Mohammed Al Shayea as the new Chairman of the Board and confirmed Mr. Renwar Berzinji as the Managing Director and CEO, setting a clear direction for the company's future.