Top Middle Eastern Dividend Stocks To Watch In July 2026
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As the Middle Eastern markets experience a rebound, with UAE indices rising on the back of global equity gains and strategic corporate moves, investors are closely watching how regional tensions might impact future performance. In such a dynamic environment, dividend stocks can offer stability and income potential, making them an attractive consideration for those looking to navigate market fluctuations effectively.
Top 10 Dividend Stocks In The Middle East
| Name | Dividend Yield | Dividend Rating |
| Yeni Gimat Gayrimenkul Yatirim Ortakligi (IBSE:YGGYO) | 3.11% | ★★★★★☆ |
| Turkiye Garanti Bankasi (IBSE:GARAN) | 3.40% | ★★★★★☆ |
| Saudi Awwal Bank (SASE:1060) | 6.23% | ★★★★★☆ |
| National General Insurance (P.J.S.C.) (DFM:NGI) | 7.69% | ★★★★★☆ |
| Emirates Insurance Company P.J.S.C (ADX:EIC) | 7.41% | ★★★★★★ |
| Emaar Properties PJSC (DFM:EMAAR) | 8.43% | ★★★★★☆ |
| Computer Direct Group (TASE:CMDR) | 5.92% | ★★★★★☆ |
| Arab National Bank (SASE:1080) | 6.17% | ★★★★★☆ |
| Anadolu Hayat Emeklilik Anonim Sirketi (IBSE:ANHYT) | 8.26% | ★★★★★☆ |
| Akbank T.A.S (IBSE:AKBNK) | 3.20% | ★★★★★☆ |
Here we highlight a subset of our preferred stocks from the screener.
National General Insurance (P.J.S.C.) (DFM:NGI)
Simply Wall St Dividend Rating: ★★★★★☆
Overview: National General Insurance Co. (P.J.S.C.) operates in the United Arab Emirates, focusing on underwriting life and general insurance as well as reinsurance, with a market capitalization of AED964.95 million.
Operations: National General Insurance Co. (P.J.S.C.) generates revenue from investments amounting to AED71.38 million.
Dividend Yield: 7.7%
National General Insurance (P.J.S.C.) offers a dividend yield of 7.69%, positioning it in the top 25% of dividend payers in the UAE market. Despite its attractive yield, NGI's dividends have been volatile over the past decade, with an unstable track record. The company's payout ratio stands at 72.7%, indicating earnings coverage, while a cash payout ratio of 36.3% suggests dividends are well-covered by cash flows despite recent earnings declines to AED 18.44 million for Q1 2026 from AED 35.58 million last year.
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 SAR82.06 billion.
Operations: Riyad Bank's revenue segments include Retail Banking at SAR4.45 billion, Corporate Banking at SAR9.74 billion, Treasury and Investments at SAR2.01 billion, and Investment Banking and Brokerage at SAR1.01 billion.
Dividend Yield: 5.1%
Riyad Bank's dividend payments, with a payout ratio of 42.1%, are well-covered by earnings, although they have been volatile over the past decade. The bank's recent Q1 2026 earnings reported net income of SAR 2.61 billion, up from SAR 2.49 billion the previous year, reflecting stable financial performance. Despite trading at a good value with a price-to-earnings ratio of 8.2x below the market average, its dividend yield is lower than top-tier payers 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 SAR17.04 billion.
Operations: The Saudi Investment Bank's revenue segments include Retail Banking (SAR1.13 billion), Corporate Banking (SAR2.00 billion), Asset Management and Brokerage (SAR276.54 million), and Treasury and Investments, including Business Partners (SAR1.37 billion).
Dividend Yield: 5.9%
Saudi Investment Bank's dividend payments have been volatile over the past decade, with a recent recommendation to distribute SAR 0.30 per share for H2 2025. Despite this volatility, dividends are currently covered by earnings (payout ratio of 55.7%) and forecasted to remain so in three years (60.3%). The bank trades at a favorable price-to-earnings ratio of 8x compared to the market average, but its dividend yield is slightly below top-tier levels in Saudi Arabia.
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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.
