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As geopolitical tensions and market fluctuations continue to impact the Middle Eastern stock markets, with Dubai's index recently hitting a near-three-month low and Abu Dhabi remaining flat, investors are increasingly looking for stability in dividend-paying stocks. In such uncertain times, a good dividend stock is one that not only offers consistent income but also demonstrates resilience amid broader market challenges.
Top 10 Dividend Stocks In The Middle East
| Name | Dividend Yield | Dividend Rating |
| Emaar Properties PJSC (DFM:EMAAR) | 7.46% | ★★★★★☆ |
| Arab National Bank (SASE:1080) | 5.91% | ★★★★★☆ |
| Delek Group (TASE:DLEKG) | 9.31% | ★★★★★☆ |
| National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK) | 7.31% | ★★★★★☆ |
| Saudi National Bank (SASE:1180) | 5.72% | ★★★★★☆ |
| Riyad Bank (SASE:1010) | 5.92% | ★★★★★☆ |
| Saudi Awwal Bank (SASE:1060) | 5.61% | ★★★★★☆ |
| Saudi Telecom (SASE:7010) | 9.52% | ★★★★★☆ |
| Commercial Bank of Dubai PSC (DFM:CBD) | 6.95% | ★★★★★☆ |
| Nuh Çimento Sanayi (IBSE:NUHCM) | 3.37% | ★★★★★☆ |
Click here to see the full list of 65 stocks from our Top Middle Eastern Dividend Stocks screener.
Let's uncover some gems from our specialized screener.
Air Arabia PJSC
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Air Arabia PJSC, along with its subsidiaries, offers air travel services and has a market capitalization of AED16.05 billion.
Operations: Air Arabia PJSC generates revenue primarily from its airline segment, amounting to AED6.23 billion.
Dividend Yield: 7.3%
Air Arabia PJSC offers a compelling dividend profile, with a payout ratio of 79.5% and cash payout ratio of 69%, indicating dividends are well-covered by earnings and cash flows. Its dividend yield is in the top 25% of AE market payers, though past volatility raises sustainability concerns. Recent earnings show stable revenue growth but a slight dip in net income to AED 1.47 billion. The company announced an annual dividend increase to AED 0.25 per share, reflecting ongoing commitment to shareholder returns despite historical instability in payouts.
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Click to explore a detailed breakdown of our findings in Air Arabia PJSC's dividend report.
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Our valuation report here indicates Air Arabia PJSC may be overvalued.
Emirates NBD Bank PJSC
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Emirates NBD Bank PJSC, along with its subsidiaries, offers a range of corporate, institutional, retail, treasury, and Islamic banking services and has a market capitalization of AED126.02 billion.
Operations: Emirates NBD Bank PJSC generates revenue from several segments, including Retail Banking and Wealth Management (AED15.33 billion), Corporate and Institutional Banking (AED10.83 billion), Deniz Bank (AED10.55 billion), and Global Markets and Treasury (AED2.69 billion).