Amidst trade uncertainties and mixed earnings, Gulf markets have experienced a dip, reflecting cautious investor sentiment as they navigate the complexities of global trade policies. In such an environment, dividend stocks offering yields over 4% can be particularly appealing for investors seeking steady income streams while weathering market volatility.
Top 10 Dividend Stocks In The Middle East
| Name | Dividend Yield | Dividend Rating |
| Saudi National Bank (SASE:1180) | 5.41% | ★★★★★☆ |
| Saudi Awwal Bank (SASE:1060) | 6.14% | ★★★★★☆ |
| Riyad Bank (SASE:1010) | 6.47% | ★★★★★☆ |
| National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK) | 6.44% | ★★★★★☆ |
| Emirates NBD Bank PJSC (DFM:EMIRATESNBD) | 3.85% | ★★★★★☆ |
| Emaar Properties PJSC (DFM:EMAAR) | 6.54% | ★★★★★☆ |
| Commercial Bank of Dubai PSC (DFM:CBD) | 5.26% | ★★★★★☆ |
| Arab National Bank (SASE:1080) | 6.02% | ★★★★★☆ |
| Anadolu Hayat Emeklilik Anonim Sirketi (IBSE:ANHYT) | 6.64% | ★★★★★☆ |
| Al Wathba National Insurance Company PJSC (ADX:AWNIC) | 6.12% | ★★★★★☆ |
Click here to see the full list of 76 stocks from our Top Middle Eastern Dividend Stocks screener.
Let's review some notable picks from our screened stocks.
Air Arabia PJSC (DFM:AIRARABIA)
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Air Arabia PJSC, along with its subsidiaries, offers air travel services and has a market capitalization of AED17.55 billion.
Operations: Air Arabia PJSC's revenue primarily comes from its airline segment, which generated AED6.43 billion.
Dividend Yield: 6.6%
Air Arabia PJSC offers a dividend yield of 6.65%, placing it in the top 25% of dividend payers in the AE market. While its dividends have increased over the past decade, they remain volatile and unreliable. The company's payout ratios indicate that dividends are covered by both earnings (76.2%) and cash flows (60.6%). Recent Q1 2025 results showed improved sales at AED 1.76 billion and net income at AED 305.1 million, supporting its financial stability for dividend payouts.
- Click here to discover the nuances of Air Arabia PJSC with our detailed analytical dividend report.
- The analysis detailed in our Air Arabia PJSC valuation report hints at an inflated share price compared to its estimated value.
Arab National Bank (SASE:1080)
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Arab National Bank offers a range of banking products and services across the Kingdom of Saudi Arabia, other GCC countries, the Middle East, Europe, North America, Latin America, Southeast Asia, and internationally with a market cap of SAR43.08 billion.
Operations: Arab National Bank's revenue segments include Corporate Banking at SAR6.75 billion, Retail Banking at SAR1.79 billion, Treasury operations at SAR560.87 million, and Investment and Brokerage Services at SAR523.34 million.
Dividend Yield: 6%
Arab National Bank's dividend yield of 6.02% ranks it among the top 25% in the Saudi market. Despite a volatile and unstable dividend history, current and forecasted payout ratios (51.6% and 50.8%, respectively) suggest dividends are covered by earnings. Recent Q1 results showed net income growth to SAR 1,304 million, indicating financial strength that supports ongoing dividend payments, although past volatility may concern some investors seeking stability.
- Click here and access our complete dividend analysis report to understand the dynamics of Arab National Bank.
- According our valuation report, there's an indication that Arab National Bank's share price might be on the cheaper side.
I.B.I. Investment House (TASE:IBI)
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: I.B.I Investment House Ltd. is a publicly owned holding investment firm with approximately NIS 11 billion ($2.63 billion) in assets under management and a market cap of ₪3.91 billion.
Operations: I.B.I Investment House Ltd.'s revenue is primarily derived from its Service, Trade and Custody segment (₪329.32 million), followed by Capital Group (₪212.37 million), Alternative Investment Management (₪180.51 million), Pension and Financial Agencies (₪103.56 million), Issues and Underwriting (₪45.54 million) and Self-investments (₪13.04 million).
Dividend Yield: 4%
I.B.I. Investment House's dividend yield of 4% falls below the top tier in the Israeli market. Despite a payout ratio of 77% indicating coverage by earnings and cash flows, its dividends have been unreliable with past volatility over the last decade. Recent Q1 results showed revenue growth to ILS 331.1 million, though net income decreased to ILS 30.96 million, reflecting mixed financial performance that may impact future dividend stability.
- Dive into the specifics of I.B.I. Investment House here with our thorough dividend report.
- According our valuation report, there's an indication that I.B.I. Investment House's share price might be on the expensive side.
Summing It All Up
- Unlock our comprehensive list of 76 Top Middle Eastern Dividend Stocks by clicking 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 Arab National Bank 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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