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As the Middle Eastern markets navigate through tariff threats and fluctuating oil prices, Dubai's index has recently seen declines while Abu Dhabi shows resilience with modest gains. In this dynamic environment, dividend stocks can offer a measure of stability and income potential, making them an interesting focus for investors looking to balance risk in their portfolios.
Top 10 Dividend Stocks In The Middle East
| Name | Dividend Yield | Dividend Rating |
| Emaar Properties PJSC (DFM:EMAAR) | 7.63% | ★★★★★☆ |
| Arab National Bank (SASE:1080) | 5.96% | ★★★★★☆ |
| Delek Group (TASE:DLEKG) | 8.56% | ★★★★★☆ |
| National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK) | 7.41% | ★★★★★☆ |
| Saudi National Bank (SASE:1180) | 5.77% | ★★★★★☆ |
| Saudi Awwal Bank (SASE:1060) | 5.69% | ★★★★★☆ |
| Riyad Bank (SASE:1010) | 6.02% | ★★★★★☆ |
| Emirates NBD Bank PJSC (DFM:EMIRATESNBD) | 4.95% | ★★★★★☆ |
| Commercial Bank of Dubai PSC (DFM:CBD) | 6.76% | ★★★★★☆ |
| Nuh Çimento Sanayi (IBSE:NUHCM) | 3.08% | ★★★★★☆ |
Click here to see the full list of 60 stocks from our Top Middle Eastern Dividend Stocks screener.
Below we spotlight a couple of our favorites from our exclusive screener.
Electrical Industries
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Electrical Industries Company, with a market cap of SAR6.84 billion, operates through its subsidiaries to manufacture, assemble, supply, and maintain electrical equipment while providing technical services across the Kingdom of Saudi Arabia, other Gulf countries, Europe, and Asia.
Operations: Revenue Segments (in millions of SAR): Electrical Industries Company generates revenue through the manufacture, assembly, supply, and maintenance of electrical equipment and the provision of technical services across multiple regions including Saudi Arabia, other Gulf countries, Europe, and Asia.
Dividend Yield: 3.2%
Electrical Industries Company reported significant growth in earnings, with net income rising to SAR 401.73 million for 2024. Despite a relatively low dividend yield of 3.17%, the company's dividends are well-covered by both earnings and cash flows, with payout ratios of 54.6% and 32.3%, respectively. However, the dividend track record has been volatile over the past decade, impacting its reliability despite some growth in payments during this period.
Saudi Networkers Services
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Saudi Networkers Services Company specializes in implementing, establishing, maintaining, operating, installing, and managing telecommunication networks in Saudi Arabia with a market cap of SAR495.60 million.