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As Gulf markets experience gains driven by robust corporate earnings, lingering concerns over tariffs and U.S. monetary policy continue to cast shadows on the economic landscape. In this environment, dividend stocks offer investors a potential avenue for stability and income, with Arab National Bank among those standing out in the Middle Eastern market.
Top 10 Dividend Stocks In The Middle East
Name | Dividend Yield | Dividend Rating |
Emaar Properties PJSC (DFM:EMAAR) | 8.10% | ★★★★★☆ |
Anadolu Hayat Emeklilik Anonim Sirketi (IBSE:ANHYT) | 6.66% | ★★★★★☆ |
Arab National Bank (SASE:1080) | 5.80% | ★★★★★☆ |
Saudi National Bank (SASE:1180) | 5.67% | ★★★★★☆ |
National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK) | 7.76% | ★★★★★☆ |
Riyad Bank (SASE:1010) | 5.82% | ★★★★★☆ |
Saudi Awwal Bank (SASE:1060) | 5.80% | ★★★★★☆ |
Emirates NBD Bank PJSC (DFM:EMIRATESNBD) | 5.03% | ★★★★★☆ |
Saudi Telecom (SASE:7010) | 9.10% | ★★★★★☆ |
Commercial Bank of Dubai PSC (DFM:CBD) | 6.60% | ★★★★★☆ |
Click here to see the full list of 64 stocks from our Top Middle Eastern Dividend Stocks screener.
Here's a peek at a few of the choices from the screener.
Arab National Bank
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Arab National Bank offers a range of banking products and services across Saudi Arabia, other GCC countries, the Middle East, Europe, North America, Latin America, Southeast Asia, and internationally with a market cap of SAR44.36 billion.
Operations: Arab National Bank's revenue is primarily derived from Corporate Banking (SAR6.61 billion), Retail Banking (SAR2.00 billion), Treasury (SAR350.66 million), and Investment and Brokerage Services (SAR480.10 million).
Dividend Yield: 5.8%
Arab National Bank offers a competitive dividend yield of 5.8%, placing it in the top 25% of dividend payers in the Saudi Arabian market. Despite its attractive yield, the bank's dividend history is marked by volatility, with past payments showing instability. However, its current payout ratio of 52.4% suggests dividends are well-covered by earnings, and this coverage is projected to remain stable over the next three years. The bank's price-to-earnings ratio of 9x indicates potential value compared to the broader market average. Recent meetings have authorized interim dividends for fiscal year 2025, highlighting ongoing shareholder returns focus despite historical inconsistencies in payment stability.
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Get an in-depth perspective on Arab National Bank's performance by reading our dividend report here.
Saudi National Bank
Simply Wall St Dividend Rating: ★★★★★☆