As Middle Eastern markets experience fluctuations, with UAE stocks recently declining ahead of a pivotal U.S. jobs report, investors are closely monitoring the impact of global economic shifts on regional indices. In this environment, dividend stocks can offer a measure of stability and potential income, making them an attractive option for those seeking to navigate uncertain market conditions.
Top 10 Dividend Stocks In The Middle East
| Name |
Dividend Yield |
Dividend Rating |
| Yeni Gimat Gayrimenkul Yatirim Ortakligi (IBSE:YGGYO) |
5.21% |
★★★★★★ |
| Saudi Awwal Bank (SASE:1060) |
6.06% |
★★★★★☆ |
| Riyad Bank (SASE:1010) |
6.45% |
★★★★★☆ |
| National General Insurance (P.J.S.C.) (DFM:NGI) |
7.15% |
★★★★★☆ |
| FMS Enterprises Migun (TASE:FBRT) |
5.35% |
★★★★★☆ |
| Emaar Properties PJSC (DFM:EMAAR) |
6.94% |
★★★★★☆ |
| Computer Direct Group (TASE:CMDR) |
7.09% |
★★★★★☆ |
| Banque Saudi Fransi (SASE:1050) |
6.40% |
★★★★★☆ |
| Arab National Bank (SASE:1080) |
6.13% |
★★★★★☆ |
| Anadolu Hayat Emeklilik Anonim Sirketi (IBSE:ANHYT) |
5.83% |
★★★★★☆ |
Click here to see the full list of 58 stocks from our Top Middle Eastern Dividend Stocks screener.
Let's dive into some prime choices out of the screener.
SABIC Agri-Nutrients
Simply Wall St Dividend Rating:★★★★★☆
Overview:SABIC Agri-Nutrients Company is involved in the production, conversion, manufacturing, marketing, and trade of agri-nutrients and chemical products across several countries including Singapore, the United States, India, and others; it has a market cap of SAR54.22 billion.
Operations:SABIC Agri-Nutrients generates revenue primarily from its Agri-Nutrients segment, which accounts for SAR12.36 billion, and a smaller contribution from its Petrochemicals segment at SAR542.49 million.
Dividend Yield:6.1%
SABIC Agri-Nutrients offers a compelling dividend yield of 6.15%, ranking in the top 25% of Saudi Arabian dividend payers. However, its dividend history has been volatile over the past decade, with inconsistent growth and stability. Despite this, dividends are currently covered by earnings and cash flows with payout ratios at 72.1% and 78.7%, respectively. The company reported strong Q3 earnings growth, with sales reaching SAR 3.52 billion and net income at SAR 1.29 billion, indicating robust financial performance despite future earnings forecasts suggesting a decline.
Atreyu Capital Markets
Simply Wall St Dividend Rating:★★★★☆☆
Overview:Atreyu Capital Markets Ltd operates through its subsidiaries to offer investment management services in Israel, with a market cap of ₪1.27 billion.
Operations:Atreyu Capital Markets Ltd generates revenue from its investment management services, amounting to ₪110.61 million.
Dividend Yield:4.9%
Atreyu Capital Markets' dividend yield of 4.91% is below the top tier in the IL market, and its dividend history has been volatile over the past decade. Despite this, dividends are covered by earnings and cash flows, with payout ratios at 79.9% and 88.9%, respectively. Recent earnings reports show growth, with Q3 revenue at ILS 30.49 million and net income at ILS 29.48 million, indicating a positive financial trajectory despite past dividend instability.
F.I.B.I. Holdings
Simply Wall St Dividend Rating:★★★★☆☆
Overview:F.I.B.I. Holdings Ltd serves as the holding company for The First International Bank of Israel Ltd, with a market cap of ₪9.78 billion.
Operations:F.I.B.I. Holdings Ltd generates revenue from several segments, including Israel - Households-Other (₪2.58 billion), Israel - Institutional Investors (₪512 million), Israel - Households-Housing Loans (₪480 million), and Israel - Households-Credit Cards (₪125 million).
Dividend Yield:5.9%
F.I.B.I. Holdings offers a competitive dividend yield of 5.87%, placing it among the top 25% of dividend payers in the IL market. However, its dividend history has been unstable over the past decade, with volatility and periods of non-growth. Recent earnings reports show net income for Q3 at ILS 281 million, down from ILS 298 million a year ago, though dividends remain covered by earnings due to a low payout ratio of 43.2%.
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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 SASE:2020 TASE:ATRY and TASE:FIBIH.
This article was originally published by Simply Wall St .
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