3 Middle Eastern Dividend Stocks Yielding Over 3%

As Middle Eastern markets exhibit mixed performances amid anticipation of U.S. Federal Reserve decisions, investors are closely monitoring the region's economic indicators and currency dynamics, which are heavily influenced by global monetary policies. In this environment, dividend stocks yielding over 3% can offer a stable income stream and potential resilience against market volatility, making them an attractive consideration for those looking to navigate the current financial landscape.

Top 10 Dividend Stocks In The Middle East

Click here to see the full list of 67 stocks from our Top Middle Eastern Dividend Stocks screener.

Underneath we present a selection of stocks filtered out by our screen.

Logo Yazilim Sanayi ve Ticaret (IBSE:LOGO)

Simply Wall St Dividend Rating: ★★★★☆☆

Overview: Logo Yazilim Sanayi ve Ticaret A.S. develops and markets software solutions both in Turkey and internationally, with a market cap of TRY16.58 billion.

Operations: Logo Yazilim Sanayi ve Ticaret A.S. generates revenue primarily from the software industry, amounting to TRY4.27 billion.

Dividend Yield: 3%

Logo Yazilim Sanayi ve Ticaret's dividends are well-supported by earnings, with a payout ratio of 45.4%, and cash flows at 71.3%. Despite only five years of dividend history, payments have been stable and in the top 25% for yield in Turkey at 3.02%. Recent earnings results show robust growth, with net income significantly increasing to TRY 1.05 billion for the first half of 2025, indicating potential sustainability for future dividends.

• Unlock comprehensive insights into our analysis of Logo Yazilim Sanayi ve Ticaret stock in this dividend report.
• Upon reviewing our latest valuation report, Logo Yazilim Sanayi ve Ticaret's share price might be too optimistic.

Bank Albilad (SASE:1140)

Simply Wall St Dividend Rating: ★★★★☆☆

Overview: Bank Albilad, with a market cap of SAR39.30 billion, operates in the Kingdom of Saudi Arabia offering a range of banking products and services through its subsidiaries.

Operations: Bank Albilad generates revenue through its key segments: Retail Banking (SAR2.10 billion), Treasury Sector (SAR1.26 billion), Corporate Banking (SAR2.03 billion), and Investment and Brokerage Services Sector (SAR443 million).

Dividend Yield: 3.2%

Bank Albilad's dividend payments, recently affirmed at 0.45 SAR per share for the first half of 2025, are well-covered by earnings with a payout ratio of 42.7%. Despite historical volatility and a lower yield compared to top Saudi payers, dividends have grown over the past decade. The bank's recent partnership with Intellect Design Arena Ltd. aims to enhance digital banking capabilities, aligning with Vision 2030 and potentially supporting future financial performance and dividend sustainability.

• Delve into the full analysis dividend report here for a deeper understanding of Bank Albilad.
• Our valuation report unveils the possibility Bank Albilad's shares may be trading at a premium.

Saudi Telecom (SASE:7010)

Simply Wall St Dividend Rating: ★★★★★☆

Overview: Saudi Telecom Company, along with its subsidiaries, offers telecommunications, information, media, and digital payment services both in Saudi Arabia and internationally with a market cap of SAR209.57 billion.

Operations: Saudi Telecom Company's revenue segments include Saudi Telecom Company at SAR50.17 billion, Saudi Telecom Channels Company at SAR14.85 billion, Arabian Internet and Communications Services Company (Solutions) at SAR12.21 billion, Kuwait Telecommunications Company (Stc Kuwait) at SAR4.21 billion, Digital Centers for Data and Telecommunications (Center3) at SAR2 billion, STC Bahrain BSC (C) at SAR1.97 billion, STC Bank at SAR1.35 billion, Advanced Technology and Cybersecurity Company (Sirar) at SAR805.48 million, Public Telecommunications Company (Specialized) at SAR383.86 million, Internet of Things (IoT) services generating SAR322.35 million, and SCCC contributing with revenue of SAR196.80 million.

Dividend Yield: 10%

Saudi Telecom Company (STC) offers a high dividend yield of 9.98%, placing it among the top payers in Saudi Arabia, though its dividends are not well-covered by free cash flows due to a high cash payout ratio of 354.1%. Recent collaborations with CloudSky may unlock new revenue streams through innovative digital services powered by 5G, potentially supporting future financial performance. Despite sustainability concerns, STC's dividends have been stable and reliable over the past decade.

• Navigate through the intricacies of Saudi Telecom with our comprehensive dividend report here.
• Our expertly prepared valuation report Saudi Telecom implies its share price may be too high.

Taking Advantage

• Click here to access our complete index of 67 Top Middle Eastern Dividend Stocks.
• Invested in any of these stocks? Simplify your portfolio management with Simply Wall St and stay ahead with our alerts for any critical updates on your stocks.
• Take control of your financial future using Simply Wall St, offering free, in-depth knowledge of international markets to every investor.

Searching for a Fresh Perspective?

• Explore high-performing small cap companies that haven't yet garnered significant analyst attention.
• Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management.
• Find companies with promising cash flow potential yet trading below their fair value.

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.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com