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As Gulf markets experience gains driven by a rebound in oil prices and investor anticipation of the Federal Reserve's policy meeting, the Middle Eastern financial landscape continues to present opportunities for dividend-seeking investors. In such an environment, stocks that offer strong dividend yields can provide a reliable income stream while potentially benefiting from regional economic dynamics.
Top 10 Dividend Stocks In The Middle East
| Name | Dividend Yield | Dividend Rating |
| Anadolu Hayat Emeklilik Anonim Sirketi (IBSE:ANHYT) | 7.46% | ★★★★★☆ |
| Emaar Properties PJSC (DFM:EMAAR) | 7.25% | ★★★★★☆ |
| National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK) | 7.54% | ★★★★★☆ |
| Arab National Bank (SASE:1080) | 6.05% | ★★★★★☆ |
| Saudi National Bank (SASE:1180) | 5.72% | ★★★★★☆ |
| Saudi Awwal Bank (SASE:1060) | 5.97% | ★★★★★☆ |
| Delek Group (TASE:DLEKG) | 9.09% | ★★★★★☆ |
| Saudi Telecom (SASE:7010) | 9.13% | ★★★★★☆ |
| Commercial Bank of Dubai PSC (DFM:CBD) | 6.00% | ★★★★★☆ |
| Emirates NBD Bank PJSC (DFM:EMIRATESNBD) | 4.64% | ★★★★★☆ |
Click here to see the full list of 73 stocks from our Top Middle Eastern Dividend Stocks screener.
Underneath we present a selection of stocks filtered out by our screen.
Yapi ve Kredi Bankasi
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Yapi ve Kredi Bankasi A.S., along with its subsidiaries, offers commercial banking and financial products and services both in Turkey and internationally, with a market cap of TRY196.14 billion.
Operations: Yapi ve Kredi Bankasi A.S. generates revenue through several segments, including Retail Banking (Incl. Private Banking and Wealth Management) at TRY86.38 billion, Treasury, Asset Liability Management and Other at TRY61.59 billion, Commercial and SME Banking at TRY54.40 billion, Corporate Banking at TRY18.85 billion, Other Foreign Operations at TRY5.52 billion, and Other Domestic Operations at TRY14.79 billion.
Dividend Yield: 5.2%
Yapi ve Kredi Bankasi's dividend payments are well covered by earnings with a low payout ratio of 24.5%, although they have been volatile over the past decade. Despite this instability, dividends have grown and are expected to remain covered in three years with a forecasted 15% payout ratio. The bank's dividend yield of 5.21% ranks it among the top 25% in Turkey, but high bad loans at 3.2% pose risks to sustainability. Recent earnings show increased net interest income and net income year-over-year, indicating potential for future growth amidst current challenges.