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As Middle Eastern markets navigate the complexities of tariff uncertainties and economic growth concerns, many Gulf indices have experienced downward pressure, with notable declines in Saudi Arabia and Dubai. In this challenging environment, identifying robust dividend stocks can offer investors a measure of stability through consistent income streams, making them an attractive consideration amid market volatility.
Top 10 Dividend Stocks In The Middle East
| Name | Dividend Yield | Dividend Rating |
| Saudi Telecom (SASE:7010) | 4.93% | ★★★★★★ |
| Peninsula Group (TASE:PEN) | 6.65% | ★★★★★★ |
| Commercial Bank of Dubai PSC (DFM:CBD) | 6.34% | ★★★★★★ |
| Emaar Properties PJSC (DFM:EMAAR) | 7.27% | ★★★★★☆ |
| Arab National Bank (SASE:1080) | 6.14% | ★★★★★☆ |
| Delek Group (TASE:DLEKG) | 8.88% | ★★★★★☆ |
| National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK) | 7.36% | ★★★★★☆ |
| Saudi Awwal Bank (SASE:1060) | 5.64% | ★★★★★☆ |
| Emirates NBD Bank PJSC (DFM:EMIRATESNBD) | 4.82% | ★★★★★☆ |
| Nuh Çimento Sanayi (IBSE:NUHCM) | 3.18% | ★★★★★☆ |
Click here to see the full list of 62 stocks from our Top Middle Eastern Dividend Stocks screener.
Let's uncover some gems from our specialized screener.
R.A.K. Ceramics P.J.S.C
Simply Wall St Dividend Rating: ★★★★★☆
Overview: R.A.K. Ceramics P.J.S.C. manufactures and sells a range of ceramic products across the Middle East, Europe, Asia, and internationally, with a market cap of AED2.57 billion.
Operations: R.A.K. Ceramics P.J.S.C.'s revenue primarily derives from Ceramic Products, which generated AED3.26 billion, followed by Faucets at AED516.02 million and Other Industrial segments contributing AED183.42 million.
Dividend Yield: 7.7%
R.A.K. Ceramics P.J.S.C. offers a dividend yield of 7.72%, placing it in the top 25% of dividend payers in the AE market, though its dividends have been volatile over the past decade. Despite this instability, dividends are well covered by both earnings (payout ratio: 89.9%) and cash flows (cash payout ratio: 49.7%). Recent earnings show improved net income at AED 320.9 million for 2024, with a proposed minimum annual dividend of AED 0.60 per share from 2025 to 2027 pending shareholder approval.
Vakko Tekstil ve Hazir Giyim Sanayi Isletmeleri
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Vakko Tekstil ve Hazir Giyim Sanayi Isletmeleri operates in the textile and ready-to-wear clothing industry with a market cap of TRY11.68 billion.
Operations: Vakko Tekstil ve Hazir Giyim Sanayi Isletmeleri generates revenue primarily from its apparel segment, amounting to TRY10.29 billion.