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As major Gulf markets experience gains amid anticipation of U.S. tariff decisions and geopolitical tensions, investors are keenly observing the Middle Eastern stock landscape for opportunities. In this environment, dividend stocks can offer a compelling blend of income and potential stability, making them an attractive consideration for enhancing your portfolio.
Top 10 Dividend Stocks In The Middle East
| Name | Dividend Yield | Dividend Rating |
| Commercial Bank of Dubai PSC (DFM:CBD) | 7.20% | ★★★★★★ |
| Emaar Properties PJSC (DFM:EMAAR) | 7.46% | ★★★★★☆ |
| Arab National Bank (SASE:1080) | 5.82% | ★★★★★☆ |
| Delek Group (TASE:DLEKG) | 8.95% | ★★★★★☆ |
| National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK) | 7.30% | ★★★★★☆ |
| Saudi National Bank (SASE:1180) | 5.68% | ★★★★★☆ |
| Riyad Bank (SASE:1010) | 5.80% | ★★★★★☆ |
| Saudi Awwal Bank (SASE:1060) | 5.46% | ★★★★★☆ |
| Saudi Telecom (SASE:7010) | 9.38% | ★★★★★☆ |
| Nuh Çimento Sanayi (IBSE:NUHCM) | 3.21% | ★★★★★☆ |
Click here to see the full list of 63 stocks from our Top Middle Eastern Dividend Stocks screener.
We're going to check out a few of the best picks from our screener tool.
Riyad Bank
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Riyad Bank offers banking and investment services in the Kingdom of Saudi Arabia with a market capitalization of SAR92.85 billion.
Operations: Riyad Bank's revenue segments include Riyad Capital at SAR987.19 million, Retail Banking at SAR4.09 billion, Corporate Banking at SAR8.25 billion, and Treasury and Investment at SAR2.33 billion.
Dividend Yield: 5.8%
Riyad Bank's dividend yield is among the top 25% in Saudi Arabia, supported by a payout ratio of 56.5%, indicating dividends are covered by earnings. However, its dividend history has been volatile over the past decade. Recent earnings show net income growth to SAR 9.32 billion for 2024, up from SAR 8.05 billion in 2023, suggesting improved financial health which may support future dividends despite historical volatility concerns.
Saudi Telecom
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Saudi Telecom Company, with a market cap of SAR222.17 billion, operates in telecommunications, information, media, and digital payment services both within the Kingdom of Saudi Arabia and internationally through its subsidiaries.
Operations: Saudi Telecom's revenue is primarily driven by its main segment, Saudi Telecom Company, contributing SAR49.64 billion, followed by significant contributions from Saudi Telecom Channels Company at SAR15.11 billion and Arabian Internet and Communications Services Company at SAR12.06 billion; other notable segments include STC Bahrain with SAR1.93 billion, Center 3 with SAR1.91 billion, STC Bank with SAR1.26 billion, Kuwait Telecommunications Company at SAR4.11 billion, Advanced Technology and Cybersecurity Company (Sirar) generating SAR732.68 million, Gulf Digital Media Model Company LTD (Intigral) contributing SAR686 million, Public Telecommunications Company (Specialized) at SAR371.76 million, SCCC providing SAR187.90 million in revenue and Iot adding another SAR301.43 million to the total revenue mix.