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The Middle Eastern stock markets have recently faced pressure, with indices in Dubai and Abu Dhabi retreating due to firms trading ex-dividend amid broader global economic challenges. In this environment, dividend stocks can offer a measure of stability and income potential for investors seeking reliable returns.
Top 10 Dividend Stocks In The Middle East
Name | Dividend Yield | Dividend Rating |
Commercial Bank of Dubai PSC (DFM:CBD) | 6.79% | ★★★★★★ |
Emaar Properties PJSC (DFM:EMAAR) | 7.49% | ★★★★★☆ |
National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK) | 7.46% | ★★★★★☆ |
Anadolu Hayat Emeklilik Anonim Sirketi (IBSE:ANHYT) | 6.62% | ★★★★★☆ |
Arab National Bank (SASE:1080) | 5.63% | ★★★★★☆ |
Saudi National Bank (SASE:1180) | 5.58% | ★★★★★☆ |
Riyad Bank (SASE:1010) | 5.46% | ★★★★★☆ |
Saudi Awwal Bank (SASE:1060) | 5.33% | ★★★★★☆ |
Saudi Telecom (SASE:7010) | 9.26% | ★★★★★☆ |
Nuh Çimento Sanayi (IBSE:NUHCM) | 3.38% | ★★★★★☆ |
Click here to see the full list of 61 stocks from our Top Middle Eastern Dividend Stocks screener.
Below we spotlight a couple of our favorites from our exclusive screener.
Commercial Bank of Dubai PSC
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 AED22.30 billion.
Operations: Commercial Bank of Dubai PSC's revenue is primarily derived from Personal Banking (AED2.05 billion), Institutional Banking (AED1.27 billion), and Corporate Banking (AED1.11 billion).
Dividend Yield: 6.8%
Commercial Bank of Dubai PSC offers a compelling dividend profile with a high and reliable yield of 6.79%, placing it in the top 25% of dividend payers in the AE market. The dividends are well-covered by earnings, with a payout ratio currently at 52.3% and forecasted to improve to 40.8% in three years, ensuring sustainability. Despite stable dividend growth over the past decade, investors should note the bank's high level of bad loans (5.3%).
Yeni Gimat Gayrimenkul Yatirim Ortakligi
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 TRY18.63 billion.
Operations: Yeni Gimat Gayrimenkul Yatirim Ortakligi A.S. generates revenue primarily from the Ankamall Shopping Mall (TRY2.04 billion), CP Ankara Hotel (TRY236.89 million), and a smaller contribution from the Energy segment (TRY0.37 million).