Middle Eastern Dividend Stocks To Enhance Your Portfolio

Simply Wall St

As Gulf bourses experience gains driven by positive corporate earnings and easing tariff concerns, the Middle Eastern stock markets are capturing increased investor interest. In such a dynamic environment, dividend stocks can offer stability and income potential, making them an attractive choice for enhancing a diversified portfolio.

Top 10 Dividend Stocks In The Middle East

NameDividend YieldDividend Rating
Emaar Properties PJSC (DFM:EMAAR)7.58%★★★★★☆
National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK)7.44%★★★★★☆
Anadolu Hayat Emeklilik Anonim Sirketi (IBSE:ANHYT)6.97%★★★★★☆
Arab National Bank (SASE:1080)6.00%★★★★★☆
Saudi National Bank (SASE:1180)5.62%★★★★★☆
Riyad Bank (SASE:1010)5.85%★★★★★☆
Saudi Awwal Bank (SASE:1060)5.68%★★★★★☆
Emirates NBD Bank PJSC (DFM:EMIRATESNBD)4.90%★★★★★☆
Saudi Telecom (SASE:7010)8.86%★★★★★☆
Commercial Bank of Dubai PSC (DFM:CBD)6.36%★★★★★☆

Click here to see the full list of 69 stocks from our Top Middle Eastern Dividend Stocks screener.

We'll examine a selection from our screener results.

Commercial Bank of Dubai PSC (DFM:CBD)

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

Overview: Commercial Bank of Dubai PSC offers commercial and retail banking services in the United Arab Emirates, with a market capitalization of AED23.82 billion.

Operations: Commercial Bank of Dubai PSC generates revenue through its Personal Banking segment with AED1.97 billion, Corporate Banking at AED1.33 billion, and Institutional Banking contributing AED1.34 billion.

Dividend Yield: 6.4%

Commercial Bank of Dubai PSC has demonstrated stable and reliable dividend payments over the past decade, supported by a reasonable payout ratio of 50.1%. Despite a high level of bad loans at 5.1%, its dividends are well covered by earnings and expected to remain sustainable with a forecasted payout ratio of 44.1% in three years. Recent Q1 2025 results showed growth in net income to AED 828.11 million, indicating continued financial strength for dividend support.

DFM:CBD Dividend History as at Apr 2025

Indeks Bilgisayar Sistemleri Mühendislik Sanayi ve Ticaret Anonim Sirketi (IBSE:INDES)

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

Overview: Indeks Bilgisayar Sistemleri Mühendislik Sanayi ve Ticaret Anonim Sirketi is a company that distributes IT products in Turkey, with a market cap of TRY5.05 billion.

Operations: Indeks Bilgisayar Sistemleri Mühendislik Sanayi ve Ticaret Anonim Sirketi generates revenue from two main segments: Information Technologies and Telecom, which contributes TRY66.63 billion, and Logistics and Rental, which brings in TRY354.14 million.

Dividend Yield: 5.2%

Indeks Bilgisayar Sistemleri Mühendislik Sanayi ve Ticaret Anonim Sirketi offers a compelling dividend profile, with a payout ratio of 43% ensuring dividends are well covered by earnings. The dividend yield stands at 5.15%, placing it among the top 25% in Turkey. However, profit margins have declined to 0.5% from last year's 1%. Despite only four years of dividend history, payments have been stable and reliably covered by cash flows with a low cash payout ratio of 10.1%.

IBSE:INDES Dividend History as at Apr 2025

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 and has a market capitalization of TRY18.03 billion.

Operations: Yeni Gimat Gayrimenkul Yatirim Ortakligi A.S. generates revenue primarily from the Ankamall Shopping Mall with TRY2.04 billion and the CP Ankara Hotel with TRY236.89 million, alongside a smaller contribution from its energy segment at TRY0.37 million.

Dividend Yield: 4.1%

Yeni Gimat Gayrimenkul Yatirim Ortakligi's dividend profile is supported by a low payout ratio of 36.3%, ensuring dividends are well covered by earnings, while a cash payout ratio of 68% indicates coverage by cash flows. The dividend yield at 4.14% ranks in the top 25% in Turkey, though the company has only a nine-year history of stable payments. Recent announcements include an annual dividend increase to TRY 7 per share amidst reporting a net loss for the previous year.

IBSE:YGGYO Dividend History as at Apr 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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