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- SASE:4334
Middle Eastern Dividend Stocks To Watch In April 2025
Reviewed by Simply Wall St
As the Middle Eastern markets navigate the complexities of shifting U.S. trade policies and fluctuating oil prices, Saudi Arabia's bourse has shown resilience with a notable gain, while Qatar remains stable amidst these global economic dynamics. In this environment, dividend stocks offer an attractive proposition for investors seeking steady income streams and potential insulation against market volatility.
Top 10 Dividend Stocks In The Middle East
Name | Dividend Yield | Dividend Rating |
Emaar Properties PJSC (DFM:EMAAR) | 8.23% | ★★★★★☆ |
National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK) | 7.91% | ★★★★★☆ |
Anadolu Hayat Emeklilik Anonim Sirketi (IBSE:ANHYT) | 6.59% | ★★★★★☆ |
Saudi National Bank (SASE:1180) | 5.89% | ★★★★★☆ |
Arab National Bank (SASE:1080) | 5.80% | ★★★★★☆ |
Riyad Bank (SASE:1010) | 5.92% | ★★★★★☆ |
Saudi Awwal Bank (SASE:1060) | 5.77% | ★★★★★☆ |
Emirates NBD Bank PJSC (DFM:EMIRATESNBD) | 5.14% | ★★★★★☆ |
Saudi Telecom (SASE:7010) | 8.98% | ★★★★★☆ |
Commercial Bank of Dubai PSC (DFM:CBD) | 6.59% | ★★★★★☆ |
Click here to see the full list of 68 stocks from our Top Middle Eastern Dividend Stocks screener.
Here's a peek at a few of the choices from the screener.
Al Maather Reit Fund (SASE:4334)
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Al Maather Reit Fund is a real estate investment fund with a market cap of SAR593.45 million.
Operations: Al Maather Reit Fund generates revenue from several segments, including Offices (SAR18.45 million), Schools (SAR6.24 million), Galleries (SAR11.02 million), Hospitals (SAR8.16 million), Warehouses (SAR6.13 million), and Hotel Suites (SAR12.61 million).
Dividend Yield: 7.0%
Al Maather Reit Fund trades at 58.8% below its estimated fair value, offering a dividend yield of 6.99%, which is in the top 25% of the Saudi Arabian market. Despite a volatile and unreliable dividend history over seven years, dividends are covered by earnings (70.8%) and cash flows (73.1%). Recent earnings show net income decreased to SAR 41.14 million from SAR 44.52 million last year, highlighting potential challenges in sustaining payouts long-term.
- Click here to discover the nuances of Al Maather Reit Fund with our detailed analytical dividend report.
- The analysis detailed in our Al Maather Reit Fund valuation report hints at an deflated share price compared to its estimated value.
Naphtha Israel Petroleum (TASE:NFTA)
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Naphtha Israel Petroleum Corp. Ltd. is involved in the exploration, development, production, and sale of oil and gas in Israel and the United States, with a market cap of ₪2.31 billion.
Operations: Naphtha Israel Petroleum Corp. Ltd. generates revenue primarily from its oil and gas operations, with ₪1.77 billion from Israel and ₪626 million from the United States.
Dividend Yield: 7.4%
Naphtha Israel Petroleum's dividend yield of 7.4% ranks in the top 25% of IL market payers, though its six-year dividend history shows volatility and unreliability. Despite this, dividends are well-covered by earnings (50.3% payout ratio) and cash flows (22.3% cash payout ratio). Recent financials reveal significant growth, with net income rising to ILS 337.72 million from ILS 166.04 million year-over-year, reflecting improved profitability despite past dividend instability.
- Unlock comprehensive insights into our analysis of Naphtha Israel Petroleum stock in this dividend report.
- According our valuation report, there's an indication that Naphtha Israel Petroleum's share price might be on the cheaper side.
Tigbur - Temporary Professional Personnel (TASE:TIGBUR)
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Tigbur - Temporary Professional Personnel Ltd. operates in the staffing and workforce solutions industry, providing temporary professional personnel services, with a market cap of ₪507.51 million.
Operations: Tigbur - Temporary Professional Personnel Ltd. generates its revenue from providing temporary professional staffing and workforce solutions.
Dividend Yield: 3.2%
Tigbur's dividend yield of 3.2% is below the top tier in the IL market, and its dividend history has been volatile over the past decade. However, recent earnings growth of 49.4% and a payout ratio of 52.5% indicate dividends are well-covered by earnings and cash flows (68.6% cash payout ratio). Despite an unstable track record, Tigbur's dividends have increased over ten years, supported by rising net income from ILS 18.74 million to ILS 28 million year-over-year.
- Take a closer look at Tigbur - Temporary Professional Personnel's potential here in our dividend report.
- According our valuation report, there's an indication that Tigbur - Temporary Professional Personnel's share price might be on the expensive side.
Seize The Opportunity
- Access the full spectrum of 68 Top Middle Eastern Dividend Stocks by clicking on this link.
- 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.
- Invest smarter with the free Simply Wall St app providing detailed insights into every stock market around the globe.
Ready To Venture Into Other Investment Styles?
- 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.
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About SASE:4334
Good value with adequate balance sheet and pays a dividend.
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