As Gulf bourses show mixed performances amid rising oil prices and cautious investor sentiment ahead of the U.S. Federal Reserve's policy meeting, dividend stocks in the Middle East continue to attract attention for their potential to provide steady income. In this dynamic market environment, identifying stocks with strong fundamentals and consistent dividend yields over 3.9% can be a prudent strategy for investors seeking reliable returns amidst economic fluctuations.
Top 10 Dividend Stocks In The Middle East
| Name | Dividend Yield | Dividend Rating |
| Saudi National Bank (SASE:1180) | 5.94% | ★★★★★☆ |
| Saudi Awwal Bank (SASE:1060) | 6.53% | ★★★★★☆ |
| National General Insurance (P.J.S.C.) (DFM:NGI) | 7.38% | ★★★★★☆ |
| National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK) | 6.37% | ★★★★★☆ |
| Emirates NBD Bank PJSC (DFM:EMIRATESNBD) | 3.85% | ★★★★★☆ |
| Emaar Properties PJSC (DFM:EMAAR) | 7.07% | ★★★★★☆ |
| Delek Group (TASE:DLEKG) | 6.82% | ★★★★★☆ |
| Commercial Bank of Dubai PSC (DFM:CBD) | 5.18% | ★★★★★☆ |
| Arab National Bank (SASE:1080) | 5.94% | ★★★★★☆ |
| Anadolu Hayat Emeklilik Anonim Sirketi (IBSE:ANHYT) | 6.67% | ★★★★★☆ |
Click here to see the full list of 62 stocks from our Top Middle Eastern Dividend Stocks screener.
Underneath we present a selection of stocks filtered out by our screen.
Abu Dhabi Commercial Bank PJSC (ADX:ADCB)
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Abu Dhabi Commercial Bank PJSC, along with its subsidiaries, offers a range of banking products and services both in the United Arab Emirates and internationally, with a market capitalization of AED109.63 billion.
Operations: Abu Dhabi Commercial Bank PJSC generates revenue through its Retail Banking (AED4.94 billion), Investments and Treasury (AED4.97 billion), and Corporate and Investment Banking (AED7.90 billion) segments.
Dividend Yield: 3.9%
Abu Dhabi Commercial Bank PJSC offers a dividend yield of 3.94%, below the top quartile in the AE market, but maintains a sustainable payout ratio of 46.2%. Despite an unstable dividend track record, dividends have grown over the past decade. The bank's earnings have increased by 19.1% annually over five years, supporting future dividend coverage forecasts at 43.8%. A recent AED 6.10 billion equity offering may impact shareholder returns and capital structure considerations moving forward.
- Get an in-depth perspective on Abu Dhabi Commercial Bank PJSC's performance by reading our dividend report here.
- According our valuation report, there's an indication that Abu Dhabi Commercial Bank PJSC's share price might be on the expensive side.
Çelebi Hava Servisi (IBSE:CLEBI)
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Çelebi Hava Servisi A.S. offers ground handling, cargo, and warehouse services to domestic and international airlines and private air cargo companies mainly in Turkey, with a market cap of TRY37.76 billion.
Operations: Çelebi Hava Servisi A.S. generates revenue from two main segments: Airport Ground Services, including ground handling services, which account for TRY14.54 billion, and Cargo and Warehouse Services, contributing TRY7.49 billion.
Dividend Yield: 4.1%
Çelebi Hava Servisi offers a dividend yield of 4.05%, placing it in the top quartile of Turkish dividend payers, with dividends well-covered by earnings and cash flows (payout ratios at 52.3% and 41%, respectively). However, its dividend history is marked by volatility and unreliability over the past decade. Recent results show increased sales but decreased net income for both the second quarter and first half of 2025, which could impact future payouts.
- Click here to discover the nuances of Çelebi Hava Servisi with our detailed analytical dividend report.
- Our valuation report unveils the possibility Çelebi Hava Servisi's shares may be trading at a discount.
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 TRY5.94 billion.
Operations: Indeks Bilgisayar Sistemleri Mühendislik Sanayi ve Ticaret Anonim Sirketi's revenue is derived from its role as a distributor of IT products in Turkey.
Dividend Yield: 4.4%
Indeks Bilgisayar's dividend yield of 4.38% ranks it among the top 25% of Turkish dividend payers, with a modest payout ratio of 30.1%, ensuring dividends are well-supported by earnings and cash flows. Despite only four years of consistent payments, dividends have been stable and growing. Recent financials show increased sales but declining net income for the second quarter and first half of 2025, with profit margins decreasing from last year, potentially affecting future dividend sustainability.
- Take a closer look at Indeks Bilgisayar Sistemleri Mühendislik Sanayi ve Ticaret Anonim Sirketi's potential here in our dividend report.
- The analysis detailed in our Indeks Bilgisayar Sistemleri Mühendislik Sanayi ve Ticaret Anonim Sirketi valuation report hints at an deflated share price compared to its estimated value.
Turning Ideas Into Actions
- Unlock more gems! Our Top Middle Eastern Dividend Stocks screener has unearthed 59 more companies for you to explore.Click here to unveil our expertly curated list of 62 Top Middle Eastern Dividend Stocks.
- Are any of these part of your asset mix? Tap into the analytical power of Simply Wall St's portfolio to get a 360-degree view on how they're shaping up.
- Invest smarter with the free Simply Wall St app providing detailed insights into every stock market around the globe.
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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.
Valuation is complex, but we're here to simplify it.
Discover if Abu Dhabi Commercial Bank PJSC 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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