Amidst a dynamic landscape, Middle Eastern stock markets have shown resilience, with Abu Dhabi's index gaining strength as key players like Aldar Properties and Adnoc Drilling lead the charge. As regional indices experience fluctuations, identifying robust dividend stocks can be an effective strategy for investors seeking stability and income in such evolving market conditions.
Top 10 Dividend Stocks In The Middle East
| Name | Dividend Yield | Dividend Rating |
| Yeni Gimat Gayrimenkul Yatirim Ortakligi (IBSE:YGGYO) | 4.95% | ★★★★★☆ |
| Turkiye Garanti Bankasi (IBSE:GARAN) | 3.29% | ★★★★★☆ |
| Saudi Awwal Bank (SASE:1060) | 6.22% | ★★★★★☆ |
| Riyad Bank (SASE:1010) | 6.58% | ★★★★★☆ |
| National General Insurance (P.J.S.C.) (DFM:NGI) | 7.56% | ★★★★★☆ |
| National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK) | 6.41% | ★★★★★☆ |
| Emaar Properties PJSC (DFM:EMAAR) | 7.35% | ★★★★★☆ |
| Computer Direct Group (TASE:CMDR) | 7.71% | ★★★★★☆ |
| Arab National Bank (SASE:1080) | 5.58% | ★★★★★☆ |
| Anadolu Hayat Emeklilik Anonim Sirketi (IBSE:ANHYT) | 5.75% | ★★★★★☆ |
Click here to see the full list of 65 stocks from our Top Middle Eastern Dividend Stocks screener.
We'll examine a selection from our screener results.
Dubai Islamic Bank P.J.S.C (DFM:DIB)
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Dubai Islamic Bank P.J.S.C. operates in corporate, retail, and investment banking both within the United Arab Emirates and internationally, with a market cap of AED68.44 billion.
Operations: Dubai Islamic Bank P.J.S.C.'s revenue segments include Consumer Banking (AED4.63 billion), Corporate Banking (AED3.55 billion), Treasury (AED2.67 billion), and Real Estate Development (AED861.58 million).
Dividend Yield: 4.8%
Dubai Islamic Bank P.J.S.C. has shown a mixed picture for dividend investors. While its dividends are covered by earnings, with a payout ratio of 42.2%, and forecasted to remain sustainable, the bank's dividend history is volatile and unreliable over the past decade. Recent earnings showed growth in net interest income but a slight decrease in quarterly net income to AED 1.86 billion. Despite these challenges, the bank's price-to-earnings ratio of 8.9x suggests potential value compared to the broader AE market average of 12.1x.
- Click here and access our complete dividend analysis report to understand the dynamics of Dubai Islamic Bank P.J.S.C.
- Upon reviewing our latest valuation report, Dubai Islamic Bank P.J.S.C's share price might be too optimistic.
Banque Saudi Fransi (SASE:1050)
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Banque Saudi Fransi offers banking and financial services to individuals and businesses both in the Kingdom of Saudi Arabia and internationally, with a market cap of SAR43.98 billion.
Operations: Banque Saudi Fransi's revenue is primarily derived from its Corporate Banking segment at SAR6.75 billion, followed by Retail Banking at SAR6.22 billion, and Investment Banking & Brokerage at SAR639.10 million, while the Treasury segment reported a negative contribution of SAR4.23 billion.
Dividend Yield: 6.2%
Banque Saudi Fransi's dividends are covered by earnings, with a current payout ratio of 54% and forecasted to remain sustainable. However, its dividend history is volatile and unreliable over the past decade. The bank's price-to-earnings ratio of 9.2x indicates good value compared to the SA market average of 19.5x. Recent earnings show growth, with Q3 net income rising to SAR 1.35 billion from SAR 1.15 billion year-on-year, reflecting robust financial performance despite past dividend instability.
- Delve into the full analysis dividend report here for a deeper understanding of Banque Saudi Fransi.
- According our valuation report, there's an indication that Banque Saudi Fransi's share price might be on the cheaper side.
Suny Cellular Communication (TASE:SNCM)
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Suny Cellular Communication Ltd imports and markets cell phones, accessories, and storage devices in Israel with a market cap of ₪331.93 million.
Operations: Suny Cellular Communication Ltd generates revenue primarily from the sale of cellular phones and accessories, amounting to ₪994.25 million.
Dividend Yield: 6.6%
Suny Cellular Communication's dividend yield of 6.63% places it among the top 25% in the Israeli market, yet its dividend history is unstable, with payments declining over four years. Despite a payout ratio of 79.7%, dividends are covered by earnings and cash flows, suggesting sustainability. Recent earnings showed modest growth; however, sales declined from ILS 250.59 million to ILS 228.73 million year-on-year for Q2 2025, indicating potential challenges ahead for revenue growth.
- Get an in-depth perspective on Suny Cellular Communication's performance by reading our dividend report here.
- The valuation report we've compiled suggests that Suny Cellular Communication's current price could be inflated.
Make It Happen
- Dive into all 65 of the Top Middle Eastern Dividend Stocks we have identified 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.
Valuation is complex, but we're here to simplify it.
Discover if Banque Saudi Fransi might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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