Top Middle Eastern Dividend Stocks For August 2025

As the Middle Eastern markets navigate a challenging landscape marked by global economic uncertainties and fluctuating oil prices, investors are keenly observing dividend stocks as a potential source of steady income. In such an environment, selecting stocks with strong fundamentals and consistent dividend payouts can offer some stability amidst market volatility.

Top 10 Dividend Stocks In The Middle East

Name	Dividend Yield	Dividend Rating
Saudi Awwal Bank (SASE:1060)	6.51%	★★★★★☆
Riyad Bank (SASE:1010)	6.53%	★★★★★☆
National General Insurance (P.J.S.C.) (DFM:NGI)	7.03%	★★★★★☆
National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK)	6.25%	★★★★★☆
Emirates NBD Bank PJSC (DFM:EMIRATESNBD)	3.98%	★★★★★☆
Emaar Properties PJSC (DFM:EMAAR)	6.85%	★★★★★☆
Commercial Bank of Dubai PSC (DFM:CBD)	5.19%	★★★★★☆
Arab National Bank (SASE:1080)	5.73%	★★★★★☆
Anadolu Hayat Emeklilik Anonim Sirketi (IBSE:ANHYT)	6.90%	★★★★★☆
Al Wathba National Insurance Company PJSC (ADX:AWNIC)	5.88%	★★★★★☆

Click here to see the full list of 67 stocks from our Top Middle Eastern Dividend Stocks screener.

We'll examine a selection from our screener results.

National Bank of Umm Al-Qaiwain (PSC) (ADX:NBQ)

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

Overview: National Bank of Umm Al-Qaiwain (PSC) provides retail and corporate banking services in the United Arab Emirates, with a market cap of AED5.28 billion.

Operations: National Bank of Umm Al-Qaiwain (PSC) generates revenue from Treasury and Investments amounting to AED410.10 million and Retail and Corporate Banking totaling AED342.24 million.

Dividend Yield: 6.8%

National Bank of Umm Al-Qaiwain (PSC) offers a compelling dividend yield at 6.82%, ranking in the top 25% within the AE market. However, its dividend history is marked by volatility and an unstable track record over the past decade. Despite this, dividends are covered by earnings with a payout ratio of 67.4%. Recent earnings growth is notable, yet high non-performing loans at 2.2% and low bad loan allowance may pose risks to future payouts.

• Click here to discover the nuances of National Bank of Umm Al-Qaiwain (PSC) with our detailed analytical dividend report.
• Our valuation report unveils the possibility National Bank of Umm Al-Qaiwain (PSC)'s shares may be trading at a premium.

Lila Kagit Sanayi Ve Ticaret (IBSE:LILAK)

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

Overview: Lila Kagit Sanayi Ve Ticaret A.S. is a company that produces and sells roll papers primarily in Turkey, with a market cap of TRY17.89 billion.

Operations: Lila Kagit Sanayi Ve Ticaret A.S. generates its revenue from the production and sale of roll papers, focusing primarily on the Turkish market.

Dividend Yield: 4.9%

Lila Kagit Sanayi Ve Ticaret's recent earnings report shows a significant increase in net income, reaching TRY 931.18 million for the second quarter despite a drop in sales. Its dividend yield of 4.95% is among the top 25% in Turkey, supported by cash flows with a low cash payout ratio of 44.2%. While dividends are covered by earnings, sustainability remains uncertain as they have only recently begun distributions and lack a track record for reliability or growth stability.

• Get an in-depth perspective on Lila Kagit Sanayi Ve Ticaret's performance by reading our dividend report here.
• The valuation report we've compiled suggests that Lila Kagit Sanayi Ve Ticaret's current price could be quite moderate.

Al Rajhi REIT Fund (SASE:4340)

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

Overview: Al Rajhi REIT Fund is a Sharia-compliant investment fund listed on Tadawul, focused on generating periodic income through investments in income-generating real estate assets in Saudi Arabia, with a market cap of SAR2.28 billion.

Operations: The Al Rajhi REIT Fund generates revenue from its commercial real estate investments, amounting to SAR260.26 million.

Dividend Yield: 6.5%

Al Rajhi REIT Fund's dividend yield of 6.53% ranks it among the top 25% in Saudi Arabia, yet its payout ratio of 96.8% and cash payout ratio of 98.3% suggest limited room for growth or increased distributions. The recent lease agreement with Al Rowad International Schools is set to boost rental income by SAR 15.5 million annually, which may positively impact future results despite a history of volatile dividends over the past seven years.

• Delve into the full analysis dividend report here for a deeper understanding of Al Rajhi REIT Fund.
• Our valuation report unveils the possibility Al Rajhi REIT Fund's shares may be trading at a discount.

Where To Now?

• Click here to access our complete index of 67 Top Middle Eastern Dividend Stocks.
• Invested in any of these stocks? Simplify your portfolio management with Simply Wall St and stay ahead with our alerts for any critical updates on your stocks.
• Simply Wall St is your key to unlocking global market trends, a free user-friendly app for forward-thinking investors.

Ready For A Different Approach?

• 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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