As Middle Eastern markets navigate geopolitical tensions and economic developments, the UAE's stock indices have shown resilience with notable gains in industrial and utilities sectors. In this dynamic environment, dividend stocks offer a compelling option for investors seeking steady income streams amidst market fluctuations.
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) |
3.51% |
★★★★★☆ |
| Saudi Awwal Bank (SASE:1060) |
6.01% |
★★★★★☆ |
| National General Insurance (P.J.S.C.) (DFM:NGI) |
8.04% |
★★★★★☆ |
| Matrix IT (TASE:MTRX) |
3.81% |
★★★★★☆ |
| Emirates Insurance Company P.J.S.C (ADX:EIC) |
8.31% |
★★★★★★ |
| Emaar Properties PJSC (DFM:EMAAR) |
8.82% |
★★★★★☆ |
| Arab National Bank (SASE:1080) |
6.18% |
★★★★★☆ |
| Anadolu Hayat Emeklilik Anonim Sirketi (IBSE:ANHYT) |
8.00% |
★★★★★☆ |
| Akbank T.A.S (IBSE:AKBNK) |
3.41% |
★★★★★☆ |
Click here to see the full list of 62 stocks from our Top Middle Eastern Dividend Stocks screener.
Let's explore several standout options from the results in the screener.
R.A.K. Ceramics P.J.S.C
Simply Wall St Dividend Rating:★★★★☆☆
Overview:R.A.K. Ceramics P.J.S.C. manufactures and sells ceramic products across the United Arab Emirates, Europe, India, Saudi Arabia, Bangladesh, and other international markets with a market cap of AED2.38 billion.
Operations:R.A.K. Ceramics P.J.S.C.'s revenue segments include Ceramic Products generating AED3.16 billion, Faucets contributing AED595.36 million, and Other Industrial products accounting for AED201.21 million.
Dividend Yield:8.3%
R.A.K. Ceramics P.J.S.C. offers a dividend yield of 8.33%, placing it in the top 25% of dividend payers in the AE market, although its dividends have been volatile over the past decade. The payout ratio stands at 85.2%, indicating earnings cover dividends, while a cash payout ratio of 66.5% suggests coverage by cash flows as well. Despite high debt levels and recent declines in net income (AED 35.9 million Q1 2026), analysts expect price growth potential (32.6%).
Dubai Insurance Company (P.S.C.)
Simply Wall St Dividend Rating:★★★★★☆
Overview:Dubai Insurance Company (P.S.C.) offers a range of insurance products for individuals and corporates in the United Arab Emirates, with a market capitalization of AED1.70 billion.
Operations:Dubai Insurance Company (P.S.C.) generates its revenue primarily from two segments: Life and Medical insurance, which accounts for AED709.77 million, and General and Motor insurance, contributing AED783.05 million.
Dividend Yield:5.9%
Dubai Insurance Company (P.S.C.) offers a stable dividend yield of 5.88%, supported by a low payout ratio of 46.6% and a cash payout ratio of 24.1%, ensuring dividends are well-covered by earnings and cash flows. The company's dividends have been reliable and growing over the past decade, despite shares being highly illiquid. Recent earnings growth, with net income rising to AED 70.44 million in Q1 2026, enhances dividend sustainability prospects further.
Turkcell Iletisim Hizmetleri
Simply Wall St Dividend Rating:★★★★☆☆
Overview:Turkcell Iletisim Hizmetleri A.S. operates a GSM network across Turkey, Belarus, the Turkish Republic of Northern Cyprus, Germany, and the Netherlands with a market cap of TRY228.74 billion.
Operations:Turkcell Iletisim Hizmetleri's revenue is primarily derived from its Turkcell Türkiye segment, which accounts for TRY225.24 billion, followed by its Techfin segment at TRY13.83 billion.
Dividend Yield:3.5%
Turkcell Iletisim Hizmetleri's dividend yield of 3.46% ranks in the top 25% of Turkish dividend payers, yet its dividends have been volatile over the past decade and are not well-covered by free cash flows. Despite a reasonable payout ratio of 57.2%, sustainability concerns persist due to insufficient free cash flow coverage. Recent earnings growth, with Q1 net income rising to TRY 4.63 billion, offers some positive outlook amidst strategic investments like a US$1 billion Murabaha financing for 5G expansion.
Summing It All Up
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Navigate through the entire inventory of 62 Top Middle Eastern Dividend Stocks here.
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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:RAKCEC DFM:DIN and IBSE:TCELL.
This article was originally published by Simply Wall St .
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