3 Middle Eastern Dividend Stocks Yielding Up To 7.0%

The Middle Eastern stock markets have recently shown mixed performances, with Gulf bourses fluctuating amid global trade uncertainties and the potential re-imposition of U.S. tariffs. In this environment of cautious optimism, investors often look for dividend stocks that offer stable returns and resilience against market volatility.

Top 10 Dividend Stocks In The Middle East

Name	Dividend Yield	Dividend Rating
Saudi National Bank (SASE:1180)	5.58%	★★★★★☆
Saudi Awwal Bank (SASE:1060)	5.95%	★★★★★☆
Riyad Bank (SASE:1010)	6.35%	★★★★★☆
National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK)	7.05%	★★★★★☆
Emirates NBD Bank PJSC (DFM:EMIRATESNBD)	4.34%	★★★★★☆
Emaar Properties PJSC (DFM:EMAAR)	7.43%	★★★★★☆
Commercial Bank of Dubai PSC (DFM:CBD)	5.81%	★★★★★☆
Banque Saudi Fransi (SASE:1050)	5.69%	★★★★★☆
Arab National Bank (SASE:1080)	5.96%	★★★★★☆
Anadolu Hayat Emeklilik Anonim Sirketi (IBSE:ANHYT)	7.16%	★★★★★☆

Click here to see the full list of 73 stocks from our Top Middle Eastern Dividend Stocks screener.

Here we highlight a subset of our preferred stocks from the screener.

Al Wathba National Insurance Company PJSC (ADX:AWNIC)

Simply Wall St Dividend Rating: ★★★★☆☆

Overview: Al Wathba National Insurance Company PJSC operates in the general insurance and reinsurance sectors both within the United Arab Emirates and internationally, with a market capitalization of AED786.60 million.

Operations: The revenue segments for Al Wathba National Insurance Company PJSC are comprised of AED206.19 million from Motor and AED97.50 million from Investments.

Dividend Yield: 5.3%

Al Wathba National Insurance Company PJSC's dividend yield of 5.26% is below the top quartile in the AE market, and its historical dividend payments have been volatile and unreliable. Despite a payout ratio of 84.7%, dividends are covered by earnings and cash flows, suggesting sustainability. Recent financials show a net loss of AED 16.05 million for Q1 2025, with dividends reduced to AED 0.20 per share after recent AGM decisions on April 23, 2025.

• Dive into the specifics of Al Wathba National Insurance Company PJSC here with our thorough dividend report.
• Our valuation report unveils the possibility Al Wathba National Insurance Company PJSC's shares may be trading at a premium.

National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK)

Simply Wall St Dividend Rating: ★★★★★☆

Overview: The National Bank of Ras Al-Khaimah (P.S.C.) offers retail, Islamic, and commercial banking services in the UAE and has a market cap of AED14.26 billion.

Operations: The National Bank of Ras Al-Khaimah (P.S.C.) generates revenue through its Retail Banking segment with AED1.15 billion, Business Banking at AED1.86 billion, and Wholesale Banking contributing AED1.31 billion.

Dividend Yield: 7.1%

National Bank of Ras Al-Khaimah (P.S.C.) offers a dividend yield of 7.05%, placing it in the top 25% of AE market payers, with a payout ratio at 45.7% indicating coverage by earnings. Despite past volatility in dividends, recent growth in net income to AED 702.22 million for Q1 2025 suggests potential stability. However, forecasted earnings decline and high bad loans ratio (2.2%) could impact future payouts' reliability and sustainability.

• Navigate through the intricacies of National Bank of Ras Al-Khaimah (P.S.C.) with our comprehensive dividend report here.
• Upon reviewing our latest valuation report, National Bank of Ras Al-Khaimah (P.S.C.)'s share price might be too pessimistic.

Ege Profil Ticaret ve Sanayi Anonim Sirketi (IBSE:EGPRO)

Simply Wall St Dividend Rating: ★★★★☆☆

Overview: Ege Profil Ticaret ve Sanayi Anonim Sirketi manufactures and sells plastic pipes, spare parts, and various profiles and plastic goods both in Turkey and internationally, with a market cap of TRY10.52 billion.

Operations: Ege Profil Ticaret ve Sanayi Anonim Sirketi generates revenue from its Building Products segment, amounting to TRY9.31 billion.

Dividend Yield: 5.2%

Ege Profil Ticaret ve Sanayi Anonim Sirketi offers a dividend yield of 5.18%, ranking it in the top 25% of Turkish market payers, with dividends well covered by earnings (payout ratio: 40.9%) and cash flows (cash payout ratio: 20.7%). However, its dividend history is unstable and volatile despite recent growth over the past eight years. Recent earnings for Q1 2025 showed a significant decline in sales to TRY 2.42 billion and net income to TRY 74.69 million, potentially affecting future payouts' stability.

• Unlock comprehensive insights into our analysis of Ege Profil Ticaret ve Sanayi Anonim Sirketi stock in this dividend report.
• Our comprehensive valuation report raises the possibility that Ege Profil Ticaret ve Sanayi Anonim Sirketi is priced lower than what may be justified by its financials.

Seize The Opportunity

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Want To Explore Some Alternatives?

• Explore high-performing small cap companies that haven't yet garnered significant analyst attention.
• Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management.
• Find companies with promising cash flow potential yet trading below their fair value.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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