3 Middle Eastern Dividend Stocks To Watch With Up To 6.4% Yield
4 Mins Read
The Middle Eastern stock markets have been experiencing a mixed performance, with Dubai’s index showing signs of recovery driven by optimism over potential U.S. interest rate cuts, while Abu Dhabi’s index faced slight declines. In this dynamic environment, dividend stocks can offer investors a degree of stability and income potential, making them an attractive option to consider amidst fluctuating market conditions.
Name
Dividend Yield
Dividend Rating
Saudi Telecom (SASE:7010)
9.85%
★★★★★☆
Saudi National Bank (SASE:1180)
5.52%
★★★★★☆
Saudi Awwal Bank (SASE:1060)
6.20%
★★★★★☆
Riyad Bank (SASE:1010)
6.45%
★★★★★☆
National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK)
6.04%
★★★★★☆
Emirates NBD Bank PJSC (DFM:EMIRATESNBD)
3.75%
★★★★★☆
Emaar Properties PJSC (DFM:EMAAR)
6.56%
★★★★★☆
Commercial Bank of Dubai PSC (DFM:CBD)
5.05%
★★★★★☆
Arab National Bank (SASE:1080)
5.95%
★★★★★☆
Anadolu Hayat Emeklilik Anonim Sirketi (IBSE:ANHYT)
Let’s take a closer look at a couple of our picks from the screened companies.
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Commercial Bank of Dubai PSC offers commercial and retail banking services in the United Arab Emirates with a market cap of AED30 billion.
Operations: Commercial Bank of Dubai PSC generates revenue through its key segments, including Personal Banking (AED1.89 billion), Corporate Banking (AED1.56 billion), and Institutional Banking (AED1.28 billion).
Dividend Yield: 5%
Commercial Bank of Dubai PSC offers a stable dividend, with a payout ratio of 48.2%, indicating dividends are well covered by earnings. The bank’s dividends have grown consistently over the past decade, although its yield of 5.05% is below top-tier payers in the AE market. Recent earnings growth supports sustainability; however, the high bad loans ratio (4.8%) may pose risks. Net income for Q2 2025 increased to AED 867.24 million from AED 751.46 million year-over-year, reflecting robust financial performance.
DFM:CBD Dividend History as at Aug 2025
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Indeks Bilgisayar Sistemleri Mühendislik Sanayi ve Ticaret Anonim Sirketi operates as a distributor of IT products in Turkey, with a market cap of TRY5.86 billion.
Operations: Indeks Bilgisayar Sistemleri Mühendislik Sanayi ve Ticaret Anonim Sirketi generates revenue from segments including Information Technologies and Telecom at TRY64.68 billion and Logistics and Rental at TRY351.95 million.
Dividend Yield: 4.4%
Indeks Bilgisayar’s dividends are well covered by earnings and cash flows, with a payout ratio of 30.1% and a cash payout ratio of 12.2%. Despite only four years of dividend history, payments have grown steadily. The dividend yield stands at 4.44%, placing it among the top payers in Turkey. However, recent earnings show a decline with sales dropping to TRY 18.37 billion and net income decreasing to TRY 91.93 million for Q1 2025 compared to last year.
IBSE:INDES Dividend History as at Aug 2025
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Saudi Networkers Services Company focuses on implementing, establishing, maintaining, operating, installing, and managing telecommunication networks in Saudi Arabia and Algeria with a market cap of SAR390.60 million.
Operations: Saudi Networkers Services Company generates revenue primarily from its Computer Services segment, which amounts to SAR571.06 million.
Dividend Yield: 6.5%
Saudi Networkers Services’ dividends are adequately covered by earnings and cash flows, with a payout ratio of 73.2% and a cash payout ratio of 47.3%. The company has offered stable dividends for less than a decade, but payments have only been made for three years. Despite its short dividend history, the yield is competitive at 6.47%, ranking it in the top quartile among Saudi Arabian dividend payers, trading significantly below estimated fair value.
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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.
Companies discussed in this article include DFM:CBD IBSE:INDES and SASE:9543.
This article was originally published by Simply Wall St.
