Top Three Middle Eastern Dividend Stocks To Consider

In recent times, most Gulf markets have experienced a decline amid lackluster corporate earnings and ongoing global economic discussions, such as U.S.-China trade negotiations and Federal Reserve policy decisions. In this context, dividend stocks in the Middle East can offer investors a measure of stability through regular income streams, making them an attractive option for those seeking to navigate uncertain market conditions.

Top 10 Dividend Stocks In The Middle East

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

Let's dive into some prime choices out of the screener.

Avrupakent Gayrimenkul Yatirim Ortakligi Anonim Sirketi (IBSE:AVPGY)

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

Overview: Avrupakent Gayrimenkul Yatirim Ortakligi Anonim Sirketi operates in Turkey, focusing on real estate development, leasing, and business administration activities, with a market cap of TRY20.84 billion.

Operations: Avrupakent Gayrimenkul Yatirim Ortakligi Anonim Sirketi's revenue segments comprise Land Sales (TRY4.09 billion), Residential and Office Projects (TRY1.49 billion), and Rental Offices and Shopping Centers (TRY1.87 billion).

Dividend Yield: 4%

Avrupakent Gayrimenkul Yatirim Ortakligi Anonim Sirketi offers a dividend yield of 4.03%, placing it in the top 25% of dividend payers in Turkey. With a low payout ratio of 20.4%, its dividends are well covered by earnings and cash flows, indicating sustainability. However, the reliability and growth potential of its dividends remain uncertain as they have only recently started paying them. Recent financials show significant revenue and net income growth, enhancing its appeal to investors seeking dividend stocks in the Middle East region.

• Click here and access our complete dividend analysis report to understand the dynamics of Avrupakent Gayrimenkul Yatirim Ortakligi Anonim Sirketi.
• The analysis detailed in our Avrupakent Gayrimenkul Yatirim Ortakligi Anonim Sirketi valuation report hints at an deflated share price compared to its estimated value.

Panora Gayrimenkul Yatirim Ortakligi (IBSE:PAGYO)

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

Overview: Panora Gayrimenkul Yatirim Ortakligi A.S. operates in the real estate investment sector and has a market capitalization of TRY5.49 billion.

Operations: Panora Gayrimenkul Yatirim Ortakligi A.S. generates revenue from its real estate investment trust (REIT) operations in the commercial sector, amounting to TRY758.18 million.

Dividend Yield: 4.5%

Panora Gayrimenkul Yatirim Ortakligi offers a dividend yield of 4.54%, ranking it among the top 25% of dividend payers in Turkey, yet its dividends have been volatile over the past decade. The current payout ratio stands at 97%, indicating dividends are covered by earnings and cash flows (86.5%). Despite a recent decline in net income to TRY 820.7 million, the company maintains a low price-to-earnings ratio of 6.7x, suggesting potential value for investors seeking dividend stocks in the Middle East region.

• Click here to discover the nuances of Panora Gayrimenkul Yatirim Ortakligi with our detailed analytical dividend report.
• Upon reviewing our latest valuation report, Panora Gayrimenkul Yatirim Ortakligi's share price might be too optimistic.

Atreyu Capital Markets (TASE:ATRY)

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

Overview: Atreyu Capital Markets Ltd, with a market cap of ₪1.10 billion, operates in Israel offering investment management services through its subsidiaries.

Operations: Atreyu Capital Markets Ltd generates revenue of ₪97.31 million from its investment management services in Israel.

Dividend Yield: 5.7%

Atreyu Capital Markets' dividend yield of 5.68% falls short of the top tier in the IL market, and its dividends have been volatile over the past decade. However, earnings and cash flows cover its payouts with ratios of 67.5% and 57.5%, respectively. Recent financials show strong growth, with net income rising to ILS 93.26 million from ILS 73 million last year, supporting dividend sustainability despite past inconsistencies in payments.

• Delve into the full analysis dividend report here for a deeper understanding of Atreyu Capital Markets.
• According our valuation report, there's an indication that Atreyu Capital Markets' share price might be on the cheaper side.

Where To Now?

• Navigate through the entire inventory of 75 Top Middle Eastern Dividend Stocks here.
• Hold shares in these firms? Setup your portfolio in Simply Wall St to seamlessly track your investments and receive personalized updates on your portfolio's performance.
• Maximize your investment potential with Simply Wall St, the comprehensive app that offers global market insights for free.

Seeking Other Investments?

• 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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