The Middle Eastern stock markets have recently experienced mixed performances, with Gulf bourses reacting to weak corporate earnings and uncertainties surrounding U.S. interest rate cuts. In this environment, dividend stocks can offer a measure of stability and potential income for investors looking to navigate the region's fluctuating market conditions.
Top 10 Dividend Stocks In The Middle East
| Name | Dividend Yield | Dividend Rating |
| Turkiye Garanti Bankasi (IBSE:GARAN) | 3.26% | ★★★★★☆ |
| Saudi Telecom (SASE:7010) | 9.49% | ★★★★★☆ |
| Saudi Awwal Bank (SASE:1060) | 6.19% | ★★★★★☆ |
| Riyad Bank (SASE:1010) | 6.58% | ★★★★★☆ |
| National General Insurance (P.J.S.C.) (DFM:NGI) | 7.55% | ★★★★★☆ |
| National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK) | 6.45% | ★★★★★☆ |
| Emaar Properties PJSC (DFM:EMAAR) | 7.17% | ★★★★★☆ |
| Computer Direct Group (TASE:CMDR) | 7.60% | ★★★★★☆ |
| Commercial Bank of Dubai PSC (DFM:CBD) | 5.34% | ★★★★★☆ |
| Anadolu Hayat Emeklilik Anonim Sirketi (IBSE:ANHYT) | 5.68% | ★★★★★☆ |
Click here to see the full list of 66 stocks from our Top Middle Eastern Dividend Stocks screener.
Here we highlight a subset of our preferred stocks from the screener.
Dubai Insurance Company (P.S.C.) (DFM:DIN)
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Dubai Insurance Company (P.S.C.) offers a range of insurance products for individuals and corporates in the United Arab Emirates, with a market capitalization of AED 1.48 billion.
Operations: The company's revenue segments include Life and Medical insurance generating AED 617.25 million and Motor and General insurance contributing AED 694.23 million.
Dividend Yield: 5.4%
Dubai Insurance Company (P.S.C.) offers a stable dividend with a payout ratio of 61.1%, indicating dividends are well-covered by earnings. The cash payout ratio is notably low at 12.3%, suggesting strong coverage by cash flows. Although its 5.41% yield is below the top quartile in the AE market, dividends have been reliably increasing over the past decade without volatility, making it an attractive option for consistent income despite lower recent profit margins and illiquid shares.
- Unlock comprehensive insights into our analysis of Dubai Insurance Company (P.S.C.) stock in this dividend report.
- Our comprehensive valuation report raises the possibility that Dubai Insurance Company (P.S.C.) is priced higher than what may be justified by its financials.
Yeni Gimat Gayrimenkul Yatirim Ortakligi (IBSE:YGGYO)
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Yeni Gimat Gayrimenkul Yatirim Ortakligi A.S. operates in the real estate investment sector with a market capitalization of TRY34.62 billion.
Operations: Yeni Gimat Gayrimenkul Yatirim Ortakligi A.S. does not have specified revenue segments available for analysis.
Dividend Yield: 4.8%
Yeni Gimat Gayrimenkul Yatirim Ortakligi's dividend yield of 4.85% ranks among the top 25% in Turkey, yet its sustainability is questionable due to a high payout ratio of 108.3% and cash payout ratio of 150.6%, indicating dividends are not well-covered by earnings or cash flows. Despite this, dividends have shown reliability and stability over the past decade with consistent growth, supported by recent strong financial performance, including a net income increase to TRY 731.17 million for Q2 2025.
- Click here and access our complete dividend analysis report to understand the dynamics of Yeni Gimat Gayrimenkul Yatirim Ortakligi.
- In light of our recent valuation report, it seems possible that Yeni Gimat Gayrimenkul Yatirim Ortakligi is trading beyond its estimated value.
Riyad Bank (SASE:1010)
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Riyad Bank offers banking and investment services in the Kingdom of Saudi Arabia, with a market capitalization of SAR79.41 billion.
Operations: Riyad Bank's revenue is primarily derived from four segments: Retail Banking (SAR4.23 billion), Corporate Banking (SAR8.94 billion), Treasury and Investments (SAR2.39 billion), and Investment Banking and Brokerage (SAR1.07 billion).
Dividend Yield: 6.6%
Riyad Bank's dividend yield of 6.58% places it in the top 25% of Saudi Arabian dividend payers, supported by a reasonable payout ratio of 54.7%, indicating dividends are covered by earnings. However, its dividend track record is unstable with volatility over the past decade. Recent board changes and strategic moves, including relocating headquarters to Riyad Bank Tower, reflect ongoing transformation efforts as earnings continue to show growth with a Q3 net income increase to SAR 2.69 billion.
- Take a closer look at Riyad Bank's potential here in our dividend report.
- Upon reviewing our latest valuation report, Riyad Bank's share price might be too pessimistic.
Taking Advantage
- Navigate through the entire inventory of 66 Top Middle Eastern Dividend Stocks here.
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Interested In Other Possibilities?
- 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.
Valuation is complex, but we're here to simplify it.
Discover if Yeni Gimat Gayrimenkul Yatirim Ortakligi might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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