Middle Eastern Dividend Stocks Featuring Three Top Picks

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In the current Middle Eastern market landscape, Gulf bourses are experiencing mixed results due to corporate earnings and the anticipation of US-China trade talks. Amidst these dynamics, dividend stocks can offer a stable income stream, making them an attractive option for investors seeking consistent returns in fluctuating markets.

Top 10 Dividend Stocks In The Middle East

NameDividend YieldDividend Rating
Anadolu Hayat Emeklilik Anonim Sirketi (IBSE:ANHYT)7.50%★★★★★☆
Emaar Properties PJSC (DFM:EMAAR)7.43%★★★★★☆
National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK)7.58%★★★★★☆
Riyad Bank (SASE:1010)6.19%★★★★★☆
Arab National Bank (SASE:1080)6.00%★★★★★☆
Saudi National Bank (SASE:1180)5.69%★★★★★☆
Saudi Awwal Bank (SASE:1060)5.80%★★★★★☆
Delek Group (TASE:DLEKG)8.74%★★★★★☆
Saudi Telecom (SASE:7010)9.23%★★★★★☆
Commercial Bank of Dubai PSC (DFM:CBD)5.97%★★★★★☆

Click here to see the full list of 75 stocks from our Top Middle Eastern Dividend Stocks screener.

We're going to check out a few of the best picks from our screener tool.

Akçansa Çimento Sanayi ve Ticaret Anonim Sirketi (IBSE:AKCNS)

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

Overview: Akçansa Çimento Sanayi ve Ticaret Anonim Sirketi, along with its subsidiaries, is engaged in the manufacturing and sale of cement, clinker, ready-mix concrete, and aggregates both in Turkey and internationally, with a market capitalization of TRY28.24 billion.

Operations: Akçansa Çimento Sanayi ve Ticaret Anonim Sirketi generates revenue through its operations in manufacturing and selling cement, clinker, ready-mix concrete, and aggregates across domestic and international markets.

Dividend Yield: 4.2%

Akçansa Çimento Sanayi ve Ticaret Anonim Sirketi's dividend profile shows both strengths and weaknesses. The company recently announced an annual dividend of TRY 6.27 per share, placing it in the top 25% of dividend payers in Turkey. Despite a reasonable payout ratio of 71.7% and cash payout ratio of 45.9%, indicating dividends are covered by earnings and cash flows, its history reveals volatility over the past decade with unreliable growth patterns. Recent financial results show a challenging environment, with Q1 2025 sales declining to TRY 4.30 billion from TRY 5.99 billion year-over-year, resulting in a net loss compared to previous profits, which could impact future dividend stability.

IBSE:AKCNS Dividend History as at May 2025

Anadolu Anonim Türk Sigorta Sirketi (IBSE:ANSGR)

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

Overview: Anadolu Anonim Türk Sigorta Sirketi provides non-life insurance products in Turkey and has a market cap of TRY44.85 billion.

Operations: Anadolu Anonim Türk Sigorta Sirketi's revenue segments include Motor Vehicles (TRY14.17 billion), Disease/Health (TRY10.38 billion), Motor Vehicles Liability (TRY9.16 billion), and Fire and Natural Disasters (TRY5.25 billion).

Dividend Yield: 4.7%

Anadolu Anonim Türk Sigorta Sirketi offers a mixed dividend profile. The company declared an annual dividend of TRY 4.20 per share, ranking it among the top 25% of Turkish dividend payers. Despite a low payout ratio of 19.7%, ensuring dividends are well-covered by earnings, its historical volatility raises concerns about reliability. Recent Q1 2025 results show net income dropped to TRY 1,977.5 million from TRY 2,866.81 million year-over-year, potentially affecting future payouts' stability.

IBSE:ANSGR Dividend History as at May 2025

Vakko Tekstil ve Hazir Giyim Sanayi Isletmeleri (IBSE:VAKKO)

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

Overview: Vakko Tekstil ve Hazir Giyim Sanayi Isletmeleri A.S. operates in the textile and ready-to-wear clothing industry with a market capitalization of TRY10.08 billion.

Operations: Vakko Tekstil ve Hazir Giyim Sanayi Isletmeleri A.S. generates revenue primarily from its Apparel segment, which amounts to TRY14.86 billion.

Dividend Yield: 4%

Vakko Tekstil ve Hazir Giyim Sanayi Isletmeleri presents a solid dividend profile with a payout ratio of 30.5%, ensuring dividends are well-covered by earnings and cash flows. Its recent annual dividend increase to TRY 4.00 per share positions it among the top 25% of Turkish dividend payers, with a yield of 3.97%. However, despite stable growth over four years, its profit margins have decreased significantly from last year, which may impact future performance.

IBSE:VAKKO Dividend History as at May 2025

Summing It All Up

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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.

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