The Middle Eastern stock markets have recently experienced mixed performances amid hopes for a US-Iran peace deal, with regional indices showing varied responses to geopolitical developments. Against this backdrop, dividend stocks can offer investors a degree of stability and income, making them an attractive option in uncertain times.
Top 10 Dividend Stocks In The Middle East
| Name |
Dividend Yield |
Dividend Rating |
| Yeni Gimat Gayrimenkul Yatirim Ortakligi (IBSE:YGGYO) |
3.28% |
★★★★★★ |
| Turkiye Garanti Bankasi (IBSE:GARAN) |
3.39% |
★★★★★☆ |
| Saudi Awwal Bank (SASE:1060) |
5.99% |
★★★★★☆ |
| National General Insurance (P.J.S.C.) (DFM:NGI) |
8.04% |
★★★★★☆ |
| Emirates Insurance Company P.J.S.C (ADX:EIC) |
8.31% |
★★★★★★ |
| Emaar Properties PJSC (DFM:EMAAR) |
8.83% |
★★★★★☆ |
| Dubai Insurance Company (P.S.C.) (DFM:DIN) |
5.88% |
★★★★★☆ |
| Arab National Bank (SASE:1080) |
6.16% |
★★★★★☆ |
| Anadolu Hayat Emeklilik Anonim Sirketi (IBSE:ANHYT) |
7.86% |
★★★★★☆ |
| Akbank T.A.S (IBSE:AKBNK) |
3.28% |
★★★★★☆ |
Click here to see the full list of 64 stocks from our Top Middle Eastern Dividend Stocks screener.
Let's uncover some gems from our specialized screener.
Sharjah Cement and Industrial Development (PJSC)
Simply Wall St Dividend Rating:★★★★☆☆
Overview:Sharjah Cement and Industrial Development (PJSC) operates in the cement and industrial development sector, with a market capitalization of AED638.67 million.
Operations:Sharjah Cement and Industrial Development (PJSC) generates revenue primarily from its manufacturing segment, amounting to AED832.47 million.
Dividend Yield:9.5%
Sharjah Cement and Industrial Development Co. (PJSC) has shown significant earnings growth, with a 229.9% increase in net income over the past year, indicating strong financial performance. Despite its high dividend yield of 9.52%, which ranks it among the top 25% in the AE market, dividends have been volatile and unreliable over the past decade. The payout ratio of 47.6% suggests dividends are covered by earnings, but lack of free cash flow raises concerns about long-term sustainability.
Amlak Finance PJSC
Simply Wall St Dividend Rating:★★★★☆☆
Overview:Amlak Finance PJSC, along with its subsidiaries, operates in real estate financing and investment across the Middle East and has a market capitalization of AED1.94 billion.
Operations:Amlak Finance PJSC generates revenue primarily from Real Estate Investment, contributing AED3.03 billion, followed by Real Estate Finance at AED82.95 million and Corporate Finance Investment at AED0.73 million.
Dividend Yield:37.1%
Amlak Finance PJSC has recently initiated dividend payments, offering a high yield of 37.12%, placing it in the top 25% of AE market payers. The payout ratio stands at 49.9%, suggesting dividends are well-covered by earnings and cash flows, with a cash payout ratio of 25.3%. Despite becoming profitable this year and reporting significant net income growth, its share price remains volatile, making long-term dividend reliability uncertain.
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Click to explore a detailed breakdown of our findings in Amlak Finance PJSC's dividend report.
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Our expertly prepared valuation report Amlak Finance PJSC implies its share price may be too high.
Tofas Türk Otomobil Fabrikasi Anonim Sirketi
Simply Wall St Dividend Rating:★★★★☆☆
Overview:Tofas Türk Otomobil Fabrikasi Anonim Sirketi manufactures, exports, and sells passenger cars and light commercial vehicles in Turkey, with a market cap of TRY148.75 billion.
Operations:Tofas Türk Otomobil Fabrikasi Anonim Sirketi generates revenue through consumer financing, contributing TRY14.97 billion, and the trading of spare parts and automobiles, which accounts for TRY382.85 billion.
Dividend Yield:6.7%
Tofas Türk Otomobil Fabrikasi Anonim Sirketi has shown significant earnings growth, with a net income of TRY 2.99 billion in Q1 2026. However, its dividend sustainability is questionable as payments are not covered by free cash flow and have been volatile over the past decade. Despite offering a high yield of 6.72%, dividends are not well-supported by cash flows, though they are currently covered by earnings at an 86.8% payout ratio.
Taking Advantage
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Unlock more gems! Our Top Middle Eastern Dividend Stocks screener has unearthed 61 more companies for you to explore.Click here to unveil our expertly curated list of 64 Top Middle Eastern Dividend Stocks .
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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.
Companies discussed in this article include ADX:SCIDC DFM:AMLAK and IBSE:TOASO.
This article was originally published by Simply Wall St .
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