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As Middle Eastern markets navigate the turbulence of global trade tensions and fluctuating oil profits, investors are keenly observing how these dynamics impact regional indices. In this environment, dividend stocks offer a potential avenue for stability and income, making them an attractive option for those looking to balance risk with reliable returns.
Top 10 Dividend Stocks In The Middle East
Name | Dividend Yield | Dividend Rating |
Saudi Telecom (SASE:7010) | 4.84% | ★★★★★★ |
Peninsula Group (TASE:PEN) | 6.64% | ★★★★★★ |
Emaar Properties PJSC (DFM:EMAAR) | 7.07% | ★★★★★☆ |
Arab National Bank (SASE:1080) | 6.02% | ★★★★★☆ |
Delek Group (TASE:DLEKG) | 8.50% | ★★★★★☆ |
National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK) | 7.35% | ★★★★★☆ |
Saudi Awwal Bank (SASE:1060) | 5.52% | ★★★★★☆ |
Emirates NBD Bank PJSC (DFM:EMIRATESNBD) | 4.64% | ★★★★★☆ |
Nuh Çimento Sanayi (IBSE:NUHCM) | 3.46% | ★★★★★☆ |
Commercial Bank of Dubai PSC (DFM:CBD) | 6.19% | ★★★★★☆ |
Click here to see the full list of 61 stocks from our Top Middle Eastern Dividend Stocks screener.
Below we spotlight a couple of our favorites from our exclusive screener.
Çelebi Hava Servisi
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Çelebi Hava Servisi A.S. offers ground handling, cargo, and warehouse services to both domestic and international airlines as well as private air cargo companies, primarily in Turkey, with a market cap of TRY50.18 billion.
Operations: Çelebi Hava Servisi A.S. generates revenue through its Airport Ground Services, including ground handling services, amounting to TRY11.33 billion and Cargo and Warehouse Services totaling TRY5.90 billion.
Dividend Yield: 3.1%
Çelebi Hava Servisi's dividend payments are well-covered by both earnings and cash flows, with payout ratios of 52.3% and 51.3%, respectively. The company offers a competitive dividend yield of 3.05%, ranking in the top 25% within the Turkish market. However, despite recent growth in dividends, its track record is less than a decade old and has shown volatility with annual drops over 20%, making it somewhat unreliable for consistent income seekers.
Mavi Giyim Sanayi ve Ticaret
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Mavi Giyim Sanayi ve Ticaret A.S. operates in the wholesale and retail sectors, specializing in ready-to-wear denim apparel for men, women, and children, with a market cap of TRY27.43 billion.
Operations: Mavi Giyim Sanayi ve Ticaret A.S. generates revenue primarily from its apparel segment, amounting to TRY27.44 billion.