As Middle Eastern markets navigate the challenges of muted Gulf shares due to lower oil prices and global economic uncertainties, investors are keenly watching developments such as the U.S. Federal Reserve’s symposium for cues on future monetary policy shifts. Amidst these conditions, dividend stocks offer a potential avenue for steady returns, providing income through dividends even when market volatility is high.
|
Name |
Dividend Yield |
Dividend Rating |
|
Saudi Telecom (SASE:7010) |
9.78% |
★★★★★☆ |
|
Saudi National Bank (SASE:1180) |
5.58% |
★★★★★☆ |
|
Saudi Awwal Bank (SASE:1060) |
6.23% |
★★★★★☆ |
|
Riyad Bank (SASE:1010) |
6.53% |
★★★★★☆ |
|
National General Insurance (P.J.S.C.) (DFM:NGI) |
7.09% |
★★★★★☆ |
|
National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK) |
6.25% |
★★★★★☆ |
|
Emaar Properties PJSC (DFM:EMAAR) |
6.69% |
★★★★★☆ |
|
Commercial Bank of Dubai PSC (DFM:CBD) |
4.93% |
★★★★★☆ |
|
Arab National Bank (SASE:1080) |
5.98% |
★★★★★☆ |
|
Anadolu Hayat Emeklilik Anonim Sirketi (IBSE:ANHYT) |
7.12% |
★★★★★☆ |
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.
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Gulf Medical Projects Company (PJSC) operates hospitals in the United Arab Emirates and has a market cap of AED1.57 billion.
Operations: Gulf Medical Projects Company (PJSC) generates revenue primarily from Health Services & Others amounting to AED711.55 million and Investments totaling AED50.66 million.
Dividend Yield: 6.7%
Gulf Medical Projects Company (PJSC) offers a dividend yield of 6.7%, placing it in the top 25% of dividend payers in the AE market. However, its high payout ratio of 106.2% indicates dividends are not well covered by earnings, raising sustainability concerns despite being covered by cash flows with an 84.6% cash payout ratio. Earnings have grown significantly, but historical volatility and unreliability in dividend payments over the past decade warrant caution for income-focused investors.
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Ayalon Insurance Company Ltd, with a market cap of ₪1.54 billion, operates in Israel through its subsidiaries offering a range of insurance products.
Operations: Ayalon Insurance Company Ltd generates revenue primarily from its Health segment with ₪647.28 million and Life Insurance and Long-Term Savings – Life Insurance segment with ₪1.18 billion.