As Middle Eastern markets experience gains driven by strong corporate earnings and rising oil prices, investors are increasingly turning their attention to dividend stocks as a source of steady income. In this dynamic environment, selecting stocks with robust financial health and consistent dividend payouts can be an effective strategy for those looking to capitalize on the region's economic momentum.
Top 10 Dividend Stocks In The Middle East
| Name |
Dividend Yield |
Dividend Rating |
| Yeni Gimat Gayrimenkul Yatirim Ortakligi (IBSE:YGGYO) |
5.04% |
★★★★★★ |
| Yapi ve Kredi Bankasi (IBSE:YKBNK) |
3.20% |
★★★★★☆ |
| Saudi Investment Bank (SASE:1030) |
5.75% |
★★★★★☆ |
| Riyad Bank (SASE:1010) |
6.18% |
★★★★★☆ |
| National General Insurance (P.J.S.C.) (DFM:NGI) |
7.20% |
★★★★★☆ |
| Emaar Properties PJSC (DFM:EMAAR) |
6.49% |
★★★★★☆ |
| Computer Direct Group (TASE:CMDR) |
7.87% |
★★★★★☆ |
| Banque Saudi Fransi (SASE:1050) |
6.12% |
★★★★★☆ |
| Arab National Bank (SASE:1080) |
5.66% |
★★★★★☆ |
| Anadolu Hayat Emeklilik Anonim Sirketi (IBSE:ANHYT) |
5.03% |
★★★★★☆ |
Click here to see the full list of 55 stocks from our Top Middle Eastern Dividend Stocks screener.
Underneath we present a selection of stocks filtered out by our screen.
Abu Dhabi Islamic Bank PJSC
Simply Wall St Dividend Rating:★★★★☆☆
Overview:Abu Dhabi Islamic Bank PJSC offers banking, financing, and investing services across the United Arab Emirates, the Middle East, and internationally with a market capitalization of AED87.97 billion.
Operations:Abu Dhabi Islamic Bank PJSC's revenue is primarily derived from Global Retail Banking (AED5.38 billion), Global Wholesale Banking (AED1.91 billion), Associates & Subsidiaries (AED1.85 billion), Treasury (AED829.36 million), Real Estate (AED103.68 million), and Private Banking (AED263.22 million).
Dividend Yield:4%
Abu Dhabi Islamic Bank PJSC has shown a consistent increase in dividend payments over the past decade, though these have been volatile, with significant drops exceeding 20%. The recent annual dividend is AED 0.9705 per share. Despite a low allowance for bad loans at 81% and a high bad loans ratio of 2.5%, dividends are covered by earnings with a payout ratio of 55.6%, forecasted to remain sustainable at 51.7% in three years.
National Bank of Ras Al-Khaimah (P.S.C.)
Simply Wall St Dividend Rating:★★★★☆☆
Overview:The National Bank of Ras Al-Khaimah (P.S.C.) offers retail, Islamic, and commercial banking services to individuals and businesses in the UAE, with a market cap of AED18.51 billion.
Operations:The National Bank of Ras Al-Khaimah (P.S.C.) generates revenue through its diverse offerings in retail, Islamic, and commercial banking services within the United Arab Emirates.
Dividend Yield:5.4%
The National Bank of Ras Al-Khaimah (P.S.C.) has announced a cash dividend with a payout ratio of 48.6% following robust earnings growth, with net income rising to AED 2.61 billion in 2025. Despite past volatility and unreliability in dividends, the current payout is well covered by earnings at 40.9%, expected to remain sustainable at 49.5% in three years. The bank's price-to-earnings ratio of 7.1x suggests it may be undervalued compared to the broader AE market.
Türkiye Petrol Rafinerileri
Simply Wall St Dividend Rating:★★★★★☆
Overview:Türkiye Petrol Rafinerileri A.S. operates in the refining of crude oil, petroleum, and chemical products both in Turkey and internationally, with a market cap of TRY466.67 billion.
Operations:Türkiye Petrol Rafinerileri A.S. generates revenue primarily from its refining operations, amounting to TRY601.58 billion, and also earns from its electric segment with TRY8.28 billion.
Dividend Yield:8.1%
Türkiye Petrol Rafinerileri's dividend is in the top 25% of Turkish payers, with a yield of 8.14%. Despite past volatility and unreliability, dividends are covered by earnings at a payout ratio of 68% and cash flows at 88.6%. Recent earnings show improvement, with net income rising to TRY 12.16 billion for Q3 2025. However, profit margins have declined from last year. The price-to-earnings ratio of 21.2x is below industry average, indicating potential value.
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Take a closer look at Türkiye Petrol Rafinerileri's potential here in our dividend report.
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Our valuation report here indicates Türkiye Petrol Rafinerileri may be overvalued.
Make It Happen
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Take a closer look at our Top Middle Eastern Dividend Stocks list of 55 companies by clicking 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:ADIB ADX:RAKBANK and IBSE:TUPRS.
This article was originally published by Simply Wall St .
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