The Middle Eastern markets have recently experienced fluctuations, with UAE indices dipping due to renewed geopolitical concerns, despite a strong performance earlier in the week. In such a volatile environment, dividend stocks can offer a measure of stability and income for investors looking to navigate these uncertain times.
Top 10 Dividend Stocks In The Middle East
| Name |
Dividend Yield |
Dividend Rating |
| Yeni Gimat Gayrimenkul Yatirim Ortakligi (IBSE:YGGYO) |
5.24% |
★★★★★★ |
| Yapi ve Kredi Bankasi (IBSE:YKBNK) |
3.13% |
★★★★★☆ |
| Saudi Investment Bank (SASE:1030) |
5.84% |
★★★★★☆ |
| Riyad Bank (SASE:1010) |
6.30% |
★★★★★☆ |
| National General Insurance (P.J.S.C.) (DFM:NGI) |
7.20% |
★★★★★☆ |
| Emaar Properties PJSC (DFM:EMAAR) |
6.67% |
★★★★★☆ |
| Dubai Insurance Company (P.S.C.) (DFM:DIN) |
5.93% |
★★★★★☆ |
| Computer Direct Group (TASE:CMDR) |
7.84% |
★★★★★☆ |
| Banque Saudi Fransi (SASE:1050) |
6.18% |
★★★★★☆ |
| Anadolu Hayat Emeklilik Anonim Sirketi (IBSE:ANHYT) |
4.91% |
★★★★★☆ |
Click here to see the full list of 58 stocks from our Top Middle Eastern Dividend Stocks screener.
Let's review some notable picks from our screened stocks.
Ege Profil Ticaret ve Sanayi Anonim Sirketi
Simply Wall St Dividend Rating:★★★★☆☆
Overview:Ege Profil Ticaret ve Sanayi Anonim Sirketi manufactures and distributes plastic pipes, spare parts, and various profiles and plastic goods both in Turkey and internationally, with a market cap of TRY14.46 billion.
Operations:Ege Profil Ticaret ve Sanayi Anonim Sirketi's revenue is primarily derived from its Building Products segment, which generated TRY8.98 billion.
Dividend Yield:3.8%
Ege Profil Ticaret ve Sanayi Anonim Sirketi offers a dividend yield of 3.77%, placing it in the top 25% of Turkish dividend payers, though its track record is unstable with less than 10 years of payments and volatility. Despite this, dividends are covered by earnings (72.9% payout ratio) and cash flows (52.1% cash payout ratio). Recent earnings showed increased quarterly net income to TRY 365.4 million, indicating potential financial stability despite fluctuating sales figures.
Arad
Simply Wall St Dividend Rating:★★★★☆☆
Overview:Arad Ltd. is involved in the planning, development, manufacturing, and sale of water measurement and management products and solutions across various regions including Israel, Latin America, Asia, Europe, North America, and globally; it has a market cap of ₪1.20 billion.
Operations:Arad Ltd.'s revenue segment primarily consists of Electronic Test & Measurement Instruments, generating $418.48 million.
Dividend Yield:3%
Arad Ltd. offers a dividend yield of 3.01%, which is below the top tier in Israel, but its dividends are well-covered by earnings and cash flows, with payout ratios of 40.2% and 31.2%, respectively. Despite a history of volatility in dividend payments over the past decade, recent earnings growth suggests improved financial health, with third-quarter net income rising to US$7.09 million from US$6.04 million year-on-year and sales increasing to US$104.16 million.
Plasson Industries
Simply Wall St Dividend Rating:★★★★☆☆
Overview:Plasson Industries Ltd develops, manufactures, and markets technical products both in Israel and internationally, with a market cap of ₪1.72 billion.
Operations:Plasson Industries Ltd generates revenue primarily from its Products for Animals segment, contributing ₪684.24 million, and Connection Accessories for Plumbing segment, which adds ₪926.53 million.
Dividend Yield:4.5%
Plasson Industries Ltd's dividend yield of 4.45% is below the top tier in Israel, and its dividend history has been unreliable with volatility over the past decade. However, dividends are covered by earnings and cash flows, with payout ratios of 50.1% and 48.2%, respectively. Recent financial results show growth, as third-quarter net income increased to ILS 51.52 million from ILS 49 million year-on-year, reflecting a stable earnings base for future payouts despite past inconsistencies.
Key Takeaways
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Discover the full array of 58 Top Middle Eastern Dividend Stocks right 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 IBSE:EGPRO TASE:ARD and TASE:PLSN.
This article was originally published by Simply Wall St .
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