Stock Analysis

Middle Eastern Dividend Stocks To Consider In July 2025

TASE:SNCM
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As Gulf markets experience gains driven by progress in U.S. trade agreements, indices across the region, including Dubai and Saudi Arabia, have reached significant highs. In this context of market optimism and economic expansion, dividend stocks offer a compelling opportunity for investors seeking steady income streams amidst fluctuating conditions.

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Top 10 Dividend Stocks In The Middle East

NameDividend YieldDividend Rating
Saudi Telecom (SASE:7010)9.86%★★★★★☆
Saudi National Bank (SASE:1180)5.38%★★★★★☆
Saudi Awwal Bank (SASE:1060)5.79%★★★★★☆
Riyad Bank (SASE:1010)6.23%★★★★★☆
National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK)6.96%★★★★★☆
Emirates NBD Bank PJSC (DFM:EMIRATESNBD)4.12%★★★★★☆
Emaar Properties PJSC (DFM:EMAAR)7.12%★★★★★☆
Commercial Bank of Dubai PSC (DFM:CBD)5.70%★★★★★☆
Arab National Bank (SASE:1080)5.94%★★★★★☆
Anadolu Hayat Emeklilik Anonim Sirketi (IBSE:ANHYT)7.44%★★★★★☆

Click here to see the full list of 75 stocks from our Top Middle Eastern Dividend Stocks screener.

Let's dive into some prime choices out of the screener.

Emirates Driving Company P.J.S.C (ADX:DRIVE)

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

Overview: Emirates Driving Company P.J.S.C., along with its subsidiaries, specializes in managing and developing motor vehicle driving training in the United Arab Emirates, with a market cap of AED3.33 billion.

Operations: Emirates Driving Company P.J.S.C. generates revenue primarily from its Car and Other Related Services segment, amounting to AED589.90 million.

Dividend Yield: 5.5%

Emirates Driving Company P.J.S.C. offers a mixed dividend profile. While its dividend payments are covered by earnings and cash flows, the payout has been volatile over the past decade. Despite a 65.4% payout ratio, recent profit margins have declined significantly from last year. The company's dividend yield of 5.5% is below top-tier levels in the AE market but trades at good value relative to peers, with notable revenue growth reported recently (AED 167.11 million).

ADX:DRIVE Dividend History as at Jul 2025
ADX:DRIVE Dividend History as at Jul 2025

Vakko Tekstil ve Hazir Giyim Sanayi Isletmeleri (IBSE:VAKKO)

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

Overview: Vakko Tekstil ve Hazir Giyim Sanayi Isletmeleri operates in the luxury fashion industry, focusing on textiles and ready-to-wear clothing, with a market capitalization of TRY8.99 billion.

Operations: Vakko Tekstil ve Hazir Giyim Sanayi Isletmeleri generates revenue from its apparel segment, which amounts to TRY14.67 billion.

Dividend Yield: 4.4%

Vakko Tekstil ve Hazir Giyim Sanayi Isletmeleri presents a compelling dividend profile with a yield of 4.45%, placing it in the top 25% of Turkish dividend payers. The company's dividends are well-covered by both earnings and cash flows, with low payout ratios (18.5% and 21.8% respectively). Although dividends have grown over four years, they remain relatively new to investors seeking long-term stability. Recent earnings improvements reflect positive financial momentum despite a drop in sales revenue to TRY 3.49 billion.

IBSE:VAKKO Dividend History as at Jul 2025
IBSE:VAKKO Dividend History as at Jul 2025

Suny Cellular Communication (TASE:SNCM)

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

Overview: Suny Cellular Communication Ltd operates in Israel by importing and marketing cell phones, accessories, and storage devices, with a market cap of ₪337.58 million.

Operations: Suny Cellular Communication Ltd generates revenue primarily from the sale of cellular phones and accessories, amounting to ₪1.02 billion.

Dividend Yield: 6.5%

Suny Cellular Communication offers a dividend yield of 6.52%, ranking in the top 25% of IL market payers, with dividends covered by earnings and cash flows at payout ratios of 78% and 59.1%, respectively. However, its dividend history is unstable, with payments declining over four years. Recent earnings showed a decrease to ILS 11.86 million from ILS 18.84 million year-over-year, indicating potential challenges despite trading slightly below estimated fair value.

TASE:SNCM Dividend History as at Jul 2025
TASE:SNCM Dividend History as at Jul 2025

Summing It All Up

  • Unlock our comprehensive list of 75 Top Middle Eastern Dividend Stocks by clicking here.
  • Shareholder in one or more of these companies? Ensure you're never caught off-guard by adding your portfolio in Simply Wall St for timely alerts on significant stock developments.
  • Invest smarter with the free Simply Wall St app providing detailed insights into every stock market around the globe.

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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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