3 Middle Eastern Dividend Stocks Yielding Up To 7.7%

Dividend Yield: 7.8%

Ayalon Insurance’s dividend yield of 7.79% ranks it among the top 25% of dividend payers in Israel, although it’s too early to assess stability or growth as dividends have just commenced. The payouts are well-covered by earnings and cash flows, with payout ratios of 30% and 34.4%, respectively. Recent earnings growth is notable, with net income rising to ILS 56.72 million for Q1 2025 from ILS 29.38 million a year earlier, suggesting potential for future dividend reliability.

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

Overview: Mizrahi Tefahot Bank Ltd., along with its subsidiaries, offers a variety of international, commercial, domestic, and personal banking services to individuals and businesses in Israel and abroad, with a market cap of ₪54.85 billion.

Operations: Mizrahi Tefahot Bank Ltd. generates revenue through its diverse range of banking services, catering to both individual and business clients in Israel and internationally.

Dividend Yield: 4%

Mizrahi Tefahot Bank’s dividend yield of 4% lags behind the top 25% in Israel, yet its payout ratio is a sustainable 42.6%, indicating dividends are well covered by earnings. Despite past volatility in payments, dividends have grown over the last decade. Recent earnings show stable performance with net income at ILS 1.45 billion for Q2 2025, consistent with last year, reflecting potential for continued dividend coverage despite historical unreliability.

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 ADX:GMPC TASE:AYAL and TASE:MZTF.

This article was originally published by Simply Wall St.

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