As geopolitical risks ease and oil prices decline, Middle Eastern stock markets, particularly in the UAE, have been experiencing a downturn. In this environment, dividend stocks can offer a measure of stability and income potential for investors seeking to navigate these fluctuating market conditions.
Top 10 Dividend Stocks In The Middle East
| Name |
Dividend Yield |
Dividend Rating |
| Yeni Gimat Gayrimenkul Yatirim Ortakligi (IBSE:YGGYO) |
5.01% |
★★★★★★ |
| Saudi Investment Bank (SASE:1030) |
5.71% |
★★★★★☆ |
| Riyad Bank (SASE:1010) |
6.28% |
★★★★★☆ |
| National General Insurance (P.J.S.C.) (DFM:NGI) |
7.56% |
★★★★★☆ |
| Emaar Properties PJSC (DFM:EMAAR) |
6.67% |
★★★★★☆ |
| Dubai Insurance Company (P.S.C.) (DFM:DIN) |
5.93% |
★★★★★☆ |
| Computer Direct Group (TASE:CMDR) |
8.15% |
★★★★★☆ |
| Banque Saudi Fransi (SASE:1050) |
6.05% |
★★★★★☆ |
| Arab National Bank (SASE:1080) |
5.80% |
★★★★★☆ |
| Anadolu Hayat Emeklilik Anonim Sirketi (IBSE:ANHYT) |
4.70% |
★★★★★☆ |
Click here to see the full list of 55 stocks from our Top Middle Eastern Dividend Stocks screener.
Here's a peek at a few of the choices from the screener.
Vakko Tekstil ve Hazir Giyim Sanayi Isletmeleri
Simply Wall St Dividend Rating:★★★★☆☆
Overview:Vakko Tekstil ve Hazir Giyim Sanayi Isletmeleri operates in the textile and ready-to-wear clothing industry, with a market capitalization of TRY9.96 billion.
Operations:Vakko Tekstil ve Hazir Giyim Sanayi Isletmeleri generates revenue primarily from its Apparel segment, amounting to TRY14.94 billion.
Dividend Yield:4%
Vakko Tekstil ve Hazir Giyim Sanayi Isletmeleri has been paying dividends for less than a decade, with stable and reliable growth over the past five years. The dividend yield of 4.02% is among the top 25% in Turkey, supported by a low payout ratio of 17% and cash payout ratio of 25.9%. However, recent financials show declining profitability with a net loss for nine months ending September 2025, which may impact future dividend sustainability.
Riyad Bank
Simply Wall St Dividend Rating:★★★★★☆
Overview:Riyad Bank offers banking and investment services in the Kingdom of Saudi Arabia, with a market capitalization of SAR83.29 billion.
Operations:Riyad Bank's revenue is primarily derived from its Corporate Banking segment at SAR8.94 billion, followed by Retail Banking at SAR4.23 billion, Treasury and Investments at SAR2.39 billion, and Investment Banking and Brokerage at SAR1.07 billion.
Dividend Yield:6.3%
Riyad Bank's dividend yield of 6.28% ranks in the top 25% of Saudi Arabia's market, although past payments have been volatile. The current payout ratio of 54.7% suggests dividends are covered by earnings and expected to remain so with a forecasted payout ratio of 50.3%. Recent issuance of US$1 billion in tier 2 capital sustainable notes aims to bolster its capital structure, reflecting strategic financial management amid board changes enhancing governance expertise.
Mizrahi Tefahot Bank
Simply Wall St Dividend Rating:★★★★☆☆
Overview:Mizrahi Tefahot Bank Ltd., along with its subsidiaries, offers a variety of international, commercial, domestic, and personal banking services to individuals and businesses both in Israel and abroad, with a market cap of ₪63.27 billion.
Operations:Mizrahi Tefahot Bank Ltd. generates revenue through its diverse banking services, catering to individual and business clients both locally in Israel and on an international scale.
Dividend Yield:3.5%
Mizrahi Tefahot Bank's dividend yield of 3.47% is below the top tier in Israel, with a payout ratio of 45.2%, indicating dividends are well covered by earnings and expected to remain sustainable. Despite an unstable dividend track record over the past decade, recent earnings growth and a low price-to-earnings ratio of 11.4x suggest potential value for investors seeking income stability amidst fluctuating payouts. Recent net income improvements also support its financial robustness.
Taking Advantage
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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:VAKKO SASE:1010 and TASE:MZTF.
This article was originally published by Simply Wall St .
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