Middle Eastern Dividend Stocks To Boost Your Portfolio

As Gulf markets experience a boost from robust corporate earnings and rising oil prices, investors are increasingly turning their attention to dividend stocks in the Middle East as a potential source of steady income. In this dynamic environment, selecting dividend stocks that demonstrate strong fundamentals and resilience can be key to enhancing portfolio stability and growth.

Top 10 Dividend Stocks In The Middle East

Click here to see the full list of 68 stocks from our Top Middle Eastern Dividend Stocks screener.

Underneath we present a selection of stocks filtered out by our screen.

Anadolu Hayat Emeklilik Anonim Sirketi (IBSE:ANHYT)

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

Overview: Anadolu Hayat Emeklilik Anonim Sirketi operates in Turkey, offering individual and group insurance and reinsurance services across life, retirement, and personal accident sectors, with a market cap of TRY41.69 billion.

Operations: Anadolu Hayat Emeklilik Anonim Sirketi's revenue is primarily derived from its Life segment at TRY23.42 billion, followed by the Retirement segment at TRY6.85 billion, and a smaller contribution from the Non-Life segment at TRY4.71 million.

Dividend Yield: 6%

Anadolu Hayat Emeklilik Anonim Sirketi's dividend is well-supported by both earnings and cash flows, with a payout ratio of 54.3% and a cash payout ratio of 24.4%. Despite its volatile dividend history, the company offers an attractive yield at 6%, placing it in the top quartile in Turkey. Recent earnings growth, with net income reaching TRY 2.52 billion for six months ending June 2025, suggests potential stability for future dividends.

• Unlock comprehensive insights into our analysis of Anadolu Hayat Emeklilik Anonim Sirketi stock in this dividend report.
• Our valuation report here indicates Anadolu Hayat Emeklilik Anonim Sirketi may be overvalued.

Yapi ve Kredi Bankasi (IBSE:YKBNK)

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

Overview: Yapi ve Kredi Bankasi A.S., along with its subsidiaries, offers commercial banking and financial products and services both in Turkey and internationally, with a market cap of TRY255.44 billion.

Operations: Yapi ve Kredi Bankasi generates revenue through several segments, including Retail Banking (including Private Banking and Wealth Management) at TRY97.20 billion, Treasury, Asset Liability Management and Other at TRY66.96 billion, Commercial and SME Banking at TRY55.87 billion, Corporate Banking at TRY21.27 billion, Other Domestic Operations at TRY16.09 billion, and Other Foreign Operations at TRY5.79 billion.

Dividend Yield: 4%

Yapi ve Kredi Bankasi's dividend yield of 4% ranks in the top 25% in Turkey, supported by a low payout ratio of 24.5%, indicating strong coverage by earnings. Despite an increase in dividend payments over the past decade, their history remains volatile with substantial annual drops. Recent financial performance shows robust growth, with net income for Q2 2025 at TRY 11.33 billion, up from TRY 7.10 billion a year prior, potentially aiding future dividend stability despite high bad loans at 3.2%.

• Click here to discover the nuances of Yapi ve Kredi Bankasi with our detailed analytical dividend report.
• According our valuation report, there's an indication that Yapi ve Kredi Bankasi's share price might be on the expensive side.

Saudi National Bank (SASE:1180)

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

Overview: The Saudi National Bank, with a market cap of SAR231.93 billion, operates through its subsidiaries to offer banking and investment management services both within the Kingdom of Saudi Arabia and internationally.

Operations: The Saudi National Bank generates revenue primarily from its banking and investment management services offered domestically and internationally.

Dividend Yield: 5.1%

Saudi National Bank's dividend yield of 5.13% is slightly below the top 25% in Saudi Arabia, yet a low payout ratio of 28.1% ensures strong earnings coverage. Despite a history of volatility, dividends have risen over the past decade and are forecast to remain covered by earnings in three years with a 55.7% payout ratio. Recent Q3 net income rose to SAR 6.47 billion from SAR 5.37 billion last year, indicating robust financial health amidst ongoing legal challenges.

• Get an in-depth perspective on Saudi National Bank's performance by reading our dividend report here.
• The valuation report we've compiled suggests that Saudi National Bank's current price could be inflated.

Summing It All Up

• Unlock our comprehensive list of 68 Top Middle Eastern Dividend Stocks by clicking here.
• Have a stake in these businesses? Integrate your holdings into Simply Wall St's portfolio for notifications and detailed stock reports.
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Contemplating Other Strategies?

• 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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