As geopolitical tensions in the Middle East ease, UAE stocks have seen a modest uptick, buoyed by optimism surrounding potential ceasefire deals and advancements in the AI sector. In this evolving market landscape, dividend stocks can offer investors a measure of stability and income, making them an appealing choice amidst ongoing economic shifts.
Top 10 Dividend Stocks In The Middle East
| Name | Dividend Yield | Dividend Rating |
| Saudi Telecom (SASE:7010) | 9.89% | ★★★★★☆ |
| Saudi National Bank (SASE:1180) | 5.42% | ★★★★★☆ |
| Saudi Awwal Bank (SASE:1060) | 5.78% | ★★★★★☆ |
| Riyad Bank (SASE:1010) | 6.20% | ★★★★★☆ |
| National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK) | 7.14% | ★★★★★☆ |
| Emirates NBD Bank PJSC (DFM:EMIRATESNBD) | 4.24% | ★★★★★☆ |
| Emaar Properties PJSC (DFM:EMAAR) | 7.17% | ★★★★★☆ |
| Commercial Bank of Dubai PSC (DFM:CBD) | 5.70% | ★★★★★☆ |
| Arab National Bank (SASE:1080) | 5.89% | ★★★★★☆ |
| Anadolu Hayat Emeklilik Anonim Sirketi (IBSE:ANHYT) | 7.18% | ★★★★★☆ |
Click here to see the full list of 74 stocks from our Top Middle Eastern Dividend Stocks screener.
Here's a peek at a few of the choices from the screener.
Avrupakent Gayrimenkul Yatirim Ortakligi Anonim Sirketi (IBSE:AVPGY)
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Avrupakent Gayrimenkul Yatirim Ortakligi Anonim Sirketi operates in real estate development, leasing, and business administration in Turkey with a market cap of TRY26.54 billion.
Operations: Avrupakent Gayrimenkul Yatirim Ortakligi Anonim Sirketi generates revenue primarily from its Residential and Office Project segment, which accounts for TRY1.47 billion, and its Office and Shopping Centers for Rent segment, contributing TRY1.97 billion.
Dividend Yield: 7.4%
Avrupakent Gayrimenkul Yatirim Ortakligi Anonim Sirketi's dividend payments are well covered by earnings, with a low payout ratio of 16.2% and a cash payout ratio of 32.9%. Despite being in the top 25% for dividend yield in Turkey at 7.44%, it's too early to assess growth or stability as dividends just started. Recent earnings show significant declines, influenced by large one-off items, with Q1 sales at TRY 808.76 million and net income at TRY 222.2 million compared to last year’s figures.
- Navigate through the intricacies of Avrupakent Gayrimenkul Yatirim Ortakligi Anonim Sirketi with our comprehensive dividend report here.
- According our valuation report, there's an indication that Avrupakent Gayrimenkul Yatirim Ortakligi Anonim Sirketi's share price might be on the cheaper side.
Logo Yazilim Sanayi ve Ticaret (IBSE:LOGO)
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Logo Yazilim Sanayi ve Ticaret A.S. develops and markets software solutions both in Turkey and internationally, with a market cap of TRY14.82 billion.
Operations: Logo Yazilim Sanayi ve Ticaret A.S. generates its revenue primarily from the software industry, amounting to TRY4.20 billion.
Dividend Yield: 3.4%
Logo Yazilim Sanayi ve Ticaret's dividend payments are well-covered by earnings and cash flows, with payout ratios of 45.4% and 25%, respectively. Despite only four years of dividend history, payments have been stable and in the top 25% for yield in Turkey. Recent Q1 earnings show a strong recovery, with net income at TRY 730.21 million compared to a loss last year, supporting future dividend sustainability amidst growing profits and revenues.
- Take a closer look at Logo Yazilim Sanayi ve Ticaret's potential here in our dividend report.
- Our expertly prepared valuation report Logo Yazilim Sanayi ve Ticaret implies its share price may be lower than expected.
Saudia Dairy & Foodstuff (SASE:2270)
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Saudia Dairy & Foodstuff Company, along with its subsidiaries, produces and distributes dairy products, beverages, and various foodstuffs across the Kingdom of Saudi Arabia, Poland, and other Gulf and Arab countries with a market cap of SAR9.04 billion.
Operations: Saudia Dairy & Foodstuff Company generates revenue from its main segments, with SAR1.65 billion from beverages and SAR1.50 billion from non-beverages.
Dividend Yield: 6.4%
Saudia Dairy & Foodstuff offers a high dividend yield of 6.42%, placing it among the top 25% in Saudi Arabia. However, its dividends are not well-covered by earnings or cash flows, with payout ratios at concerning levels. Despite stable and reliable dividends over the past decade, sustainability is questionable without improved earnings coverage. Recent Q1 results show stagnant net income at SAR 126.11 million, while revenue increased slightly to SAR 778.58 million from last year’s figures.
- Unlock comprehensive insights into our analysis of Saudia Dairy & Foodstuff stock in this dividend report.
- Insights from our recent valuation report point to the potential undervaluation of Saudia Dairy & Foodstuff shares in the market.
Taking Advantage
- Investigate our full lineup of 74 Top Middle Eastern Dividend Stocks right here.
- Shareholder in one or more of these companies? Ensure you're never caught off-guard by adding your portfolio in Simply Wall St for timely alerts on significant stock developments.
- 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.
Valuation is complex, but we're here to simplify it.
Discover if Avrupakent Gayrimenkul Yatirim Ortakligi Anonim Sirketi 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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