Middle Eastern Dividend Stocks Including Abdullah Al-Othaim Markets And Two More

The Middle Eastern stock markets have recently experienced fluctuations, with major Gulf shares declining due to mixed corporate earnings and the impact of higher U.S. import tariffs, while Egypt's market continues its rally. In such a dynamic environment, dividend stocks can offer investors a measure of stability and income potential by providing regular payouts even amid broader market volatility.

Top 10 Dividend Stocks In The Middle East

Click here to see the full list of 74 stocks from our Top Middle Eastern Dividend Stocks screener.

We'll examine a selection from our screener results.

Abdullah Al-Othaim Markets (SASE:4001)

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

Overview: Abdullah Al-Othaim Markets Company, with a market cap of SAR6.74 billion, operates in the wholesale and retail trade of food supplies and other products in Saudi Arabia and Egypt.

Operations: Abdullah Al-Othaim Markets Company's revenue is primarily derived from its Retail and Wholesale segment, which generated SAR10.45 billion.

Dividend Yield: 5.5%

Abdullah Al-Othaim Markets offers a dividend yield of 5.48%, placing it in the top 25% of Saudi Arabian payers, though its dividends have been volatile over the past decade. Despite reasonable earnings coverage with a payout ratio of 71.9%, cash flow coverage is weak, with a high cash payout ratio of 107.1%. Recent Q1 results showed increased sales to SAR 3.13 billion but declining net income to SAR 76.36 million, impacting dividend sustainability concerns further.

• Unlock comprehensive insights into our analysis of Abdullah Al-Othaim Markets stock in this dividend report.
• In light of our recent valuation report, it seems possible that Abdullah Al-Othaim Markets is trading behind its estimated value.

FMS Enterprises Migun (TASE:FBRT)

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

Overview: FMS Enterprises Migun Ltd manufactures and sells ballistic protection raw materials and products worldwide, with a market cap of ₪1.37 billion.

Operations: FMS Enterprises Migun Ltd generates revenue primarily from its Aerospace & Defense segment, amounting to $119.54 million.

Dividend Yield: 7.5%

FMS Enterprises Migun's dividend yield of 7.49% ranks it among the top 25% in the IL market, yet its sustainability is questionable due to a high cash payout ratio of 91.3%. While dividends have grown steadily over the past decade, they are not well covered by earnings or cash flows. Recent Q1 results revealed declining sales to US$26.96 million and net income to US$8.94 million, potentially affecting future dividend stability and coverage.

• Delve into the full analysis dividend report here for a deeper understanding of FMS Enterprises Migun.
• Our valuation report here indicates FMS Enterprises Migun may be undervalued.

NewMed Energy - Limited Partnership (TASE:NWMD)

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

Overview: NewMed Energy - Limited Partnership is involved in the exploration, development, production, and sale of petroleum, natural gas, and condensate across Israel, Jordan, and Egypt with a market cap of ₪18.25 billion.

Operations: NewMed Energy - Limited Partnership generates revenue primarily from its Oil & Gas - Exploration & Production segment, amounting to $992.60 million.

Dividend Yield: 4.7%

NewMed Energy - Limited Partnership's dividend yield of 4.69% is below the top 25% in the IL market, but dividends are well covered by earnings and cash flows, with payout ratios at 48.1% and 50.1%, respectively. Despite a volatile dividend history, recent earnings show growth potential, supported by a landmark $35 billion natural gas export deal with Egypt from Leviathan reservoir, enhancing long-term revenue prospects despite current revenue declines to US$164 million in Q2 2025.

• Click here and access our complete dividend analysis report to understand the dynamics of NewMed Energy - Limited Partnership.
• Insights from our recent valuation report point to the potential overvaluation of NewMed Energy - Limited Partnership shares in the market.

Key Takeaways

• Gain an insight into the universe of 74 Top Middle Eastern Dividend Stocks by clicking here.
• Got skin in the game with these stocks? Elevate how you manage them by using Simply Wall St's portfolio, where intuitive tools await to help optimize your investment outcomes.
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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.

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