Middle Eastern Dividend Stocks With Yields Up To 6.8%

As excitement over a potential U.S. interest rate cut fades, most Gulf markets have recently experienced a slight easing, reflecting broader global trends. In this context of fluctuating market sentiment, dividend stocks in the Middle East can offer investors an attractive opportunity for consistent income, especially when yields reach up to 6.8%.

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.

Below we spotlight a couple of our favorites from our exclusive screener.

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, reinsurance, life, retirement, and personal accident services with a market cap of TRY36.66 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: 6.8%

Anadolu Hayat Emeklilik Anonim Sirketi offers an attractive dividend yield of 6.82%, placing it in the top 25% of Turkish dividend payers. Despite a volatile dividend history, the current payout is well-covered by both earnings and cash flows, with a payout ratio of 54.3% and a cash payout ratio of 24.4%. The company's recent earnings growth supports its capacity to maintain dividends, although historical instability may concern some investors seeking reliability.

• Take a closer look at Anadolu Hayat Emeklilik Anonim Sirketi's potential here in our dividend report.
• Our valuation report here indicates Anadolu Hayat Emeklilik Anonim Sirketi may be undervalued.

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

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

Overview: Vakko Tekstil ve Hazir Giyim Sanayi Isletmeleri operates in the textile and ready-to-wear clothing industry, with a market capitalization of TRY10.40 billion.

Operations: Vakko Tekstil ve Hazir Giyim Sanayi Isletmeleri generates revenue primarily from its apparel segment, amounting to TRY14.67 billion.

Dividend Yield: 3.8%

Vakko Tekstil ve Hazir Giyim Sanayi Isletmeleri's dividend yield of 3.85% ranks in the top 25% among Turkish dividend payers. Despite a relatively short history of four years, dividends have shown consistent growth and stability. The company's payout ratio is low at 18.5%, indicating dividends are well covered by earnings and cash flows, with a cash payout ratio of 21.8%. However, recent profit margins have declined from last year, which may warrant attention.

• Delve into the full analysis dividend report here for a deeper understanding of Vakko Tekstil ve Hazir Giyim Sanayi Isletmeleri.
• The analysis detailed in our Vakko Tekstil ve Hazir Giyim Sanayi Isletmeleri valuation report hints at an inflated share price compared to its estimated value.

Alinma Bank (SASE:1150)

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

Overview: Alinma Bank offers banking and investment services in the Kingdom of Saudi Arabia, with a market capitalization of SAR64.85 billion.

Operations: Alinma Bank's revenue is primarily derived from its Retail segment at SAR5.34 billion, followed by Corporate Banking at SAR2.13 billion, Treasury at SAR1.93 billion, and Investment and Brokerage services contributing SAR1.02 billion.

Dividend Yield: 4.6%

Alinma Bank's dividend payments have been volatile over the past decade, with occasional drops exceeding 20%. Despite this, dividends are currently well covered by earnings, evidenced by a low payout ratio of 26%, and are forecast to remain sustainable in three years at a 48.5% payout ratio. Recent earnings results show growth, with net income reaching SAR 1.57 billion for Q2 2025. The bank declared a quarterly dividend of SAR 0.30 per share payable in August 2025.

• Dive into the specifics of Alinma Bank here with our thorough dividend report.
• Our valuation report unveils the possibility Alinma Bank's shares may be trading at a premium.

Turning Ideas Into Actions

• Click here to access our complete index of 68 Top Middle Eastern Dividend Stocks.
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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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