As Middle Eastern markets experience a downturn due to weak oil prices and underwhelming corporate earnings, investors are increasingly looking for stability in dividend stocks. In such volatile conditions, stocks that offer consistent dividend yields can provide a measure of income reliability and potential resilience against market fluctuations.
Top 10 Dividend Stocks In The Middle East
| Name | Dividend Yield | Dividend Rating |
| Yeni Gimat Gayrimenkul Yatirim Ortakligi (IBSE:YGGYO) | 5.22% | ★★★★★☆ |
| Turkiye Garanti Bankasi (IBSE:GARAN) | 3.39% | ★★★★★☆ |
| Saudi Awwal Bank (SASE:1060) | 6.37% | ★★★★★☆ |
| Riyad Bank (SASE:1010) | 6.72% | ★★★★★☆ |
| National General Insurance (P.J.S.C.) (DFM:NGI) | 7.53% | ★★★★★☆ |
| National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK) | 6.43% | ★★★★★☆ |
| Emaar Properties PJSC (DFM:EMAAR) | 7.25% | ★★★★★☆ |
| Commercial Bank of Dubai PSC (DFM:CBD) | 5.29% | ★★★★★☆ |
| Arab National Bank (SASE:1080) | 5.80% | ★★★★★☆ |
| Anadolu Hayat Emeklilik Anonim Sirketi (IBSE:ANHYT) | 6.02% | ★★★★★☆ |
Click here to see the full list of 64 stocks from our Top Middle Eastern Dividend Stocks screener.
Below we spotlight a couple of our favorites from our exclusive screener.
Çelebi Hava Servisi (IBSE:CLEBI)
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Çelebi Hava Servisi A.S. offers ground handling, cargo, and warehouse services to both domestic and international airlines as well as private air cargo companies mainly in Turkey, with a market cap of TRY39.41 billion.
Operations: Çelebi Hava Servisi A.S. generates revenue through its provision of ground handling, cargo, and warehouse services to airlines and private air cargo companies.
Dividend Yield: 3.9%
Çelebi Hava Servisi's recent earnings report shows a modest increase in sales and net income for Q3 2025, but a decline in net income over the nine months compared to the previous year. The company's dividend yield of 3.88% ranks it among the top 25% of Turkish dividend payers, yet its dividends are not well-covered by free cash flow and have been volatile over the past decade. Despite a reasonable payout ratio of 52.3%, dividend sustainability remains questionable due to high non-cash earnings and inconsistent historical payments.
- Unlock comprehensive insights into our analysis of Çelebi Hava Servisi stock in this dividend report.
- According our valuation report, there's an indication that Çelebi Hava Servisi's share price might be on the expensive side.
OYAK Çimento Fabrikalari (IBSE:OYAKC)
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: OYAK Çimento Fabrikalari A.S., along with its subsidiaries, is involved in the production and sale of clinker and cement in Turkey, with a market capitalization of TRY107.15 billion.
Operations: OYAK Çimento Fabrikalari A.S. generates revenue primarily through its operations in the production and sale of clinker and cement within Turkey.
Dividend Yield: 4.5%
OYAK Çimento Fabrikalari's dividend yield of 4.54% places it in the top 25% of Turkish dividend payers, yet its dividends are not well-covered by free cash flow due to a high cash payout ratio. Despite a reasonable payout ratio of 71.9%, its dividend payments have been volatile and unreliable over the past decade. Recent earnings show increased net income for Q3 2025, with TRY 3.39 billion compared to TRY 2.78 billion last year, indicating some financial strength amidst sustainability concerns.
- Click here to discover the nuances of OYAK Çimento Fabrikalari with our detailed analytical dividend report.
- Our expertly prepared valuation report OYAK Çimento Fabrikalari implies its share price may be too high.
Palram Industries (1990) (TASE:PLRM)
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Palram Industries (1990) Ltd is a manufacturer of extruded thermoplastic sheets and panel systems, operating both in Israel and internationally, with a market cap of ₪1.92 billion.
Operations: Palram Industries generates revenue primarily from its Polycarbonate Sector at ₪949.44 million, followed by the PVC Sector at ₪449.91 million, Home Finished Products Sector at ₪241.70 million, and Sales and Display Stands Sector at ₪232.73 million.
Dividend Yield: 6.8%
Palram Industries' dividend yield of 6.77% ranks it among the top 25% of Israeli dividend payers, supported by a low payout ratio of 46.7%, indicating dividends are well-covered by earnings and cash flows. However, its dividend history is volatile and unreliable over the past decade, with fluctuations exceeding a 20% annual drop. Recent inclusion in the S&P Global BMI Index may enhance visibility despite declining Q2 earnings and sales compared to last year.
- Get an in-depth perspective on Palram Industries (1990)'s performance by reading our dividend report here.
- Our comprehensive valuation report raises the possibility that Palram Industries (1990) is priced lower than what may be justified by its financials.
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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 OYAK Çimento Fabrikalari 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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