Top Middle Eastern Dividend Stocks To Watch In July 2025
4 Mins Read
The Middle Eastern stock markets have recently experienced mixed performance amid uncertainties surrounding U.S. trade policies, with Gulf equities showing cautious investor sentiment due to potential tariff impacts. In this environment, dividend stocks can offer a measure of stability and income potential, making them an attractive option for investors looking to navigate the current market landscape.
Name
Dividend Yield
Dividend Rating
Saudi Telecom (SASE:7010)
9.82%
★★★★★☆
Saudi National Bank (SASE:1180)
5.41%
★★★★★☆
Saudi Awwal Bank (SASE:1060)
5.83%
★★★★★☆
Riyad Bank (SASE:1010)
6.23%
★★★★★☆
National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK)
6.95%
★★★★★☆
Emirates NBD Bank PJSC (DFM:EMIRATESNBD)
4.09%
★★★★★☆
Emaar Properties PJSC (DFM:EMAAR)
7.17%
★★★★★☆
Commercial Bank of Dubai PSC (DFM:CBD)
5.55%
★★★★★☆
Arab National Bank (SASE:1080)
5.93%
★★★★★☆
Anadolu Hayat Emeklilik Anonim Sirketi (IBSE:ANHYT)
Below we spotlight a couple of our favorites from our exclusive screener.
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Emirates Insurance Company P.J.S.C. operates in the general insurance and reinsurance sectors across the United Arab Emirates, the United States, and Europe, with a market cap of AED1.10 billion.
Operations: Emirates Insurance Company P.J.S.C. generates its revenue primarily from underwriting activities amounting to AED2.31 billion and investments totaling AED82.53 million.
Dividend Yield: 6.8%
Emirates Insurance Company P.J.S.C. recently approved a reduced cash dividend of 50 Fils per share (AED 75 million) for FY2024, highlighting challenges in sustaining payouts amid declining net income. Despite a high dividend yield of 6.85%, which ranks among the top in the AE market, dividends are not well-covered by free cash flow and have been unreliable over the past decade. The company’s payout ratio remains reasonable at 72.3% based on earnings, but volatility in share price and earnings raises concerns about future stability.
ADX:EIC Dividend History as at Jul 2025
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 AED27.31 billion.
Operations: Commercial Bank of Dubai PSC’s revenue is primarily derived from Personal Banking (AED1.97 billion), Corporate Banking (AED1.33 billion), and Institutional Banking (AED1.34 billion) segments in the United Arab Emirates.
Dividend Yield: 5.5%
Commercial Bank of Dubai PSC offers a stable dividend profile, with dividends consistently covered by earnings at a payout ratio of 50.1%, forecasted to improve to 40.3% in three years. The bank’s earnings grew by AED 0.05 per share year-on-year, supporting its reliable dividend history over the past decade. Despite a lower-than-top-tier yield of 5.55%, its valuation is attractive with a P/E ratio below the market average, though high bad loans remain a concern.
DFM:CBD Dividend History as at Jul 2025
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Saudi Networkers Services Company operates in the implementation, establishment, maintenance, operation, installation, and management of telecommunication networks in Saudi Arabia and Algeria with a market cap of SAR420 million.
Operations: Saudi Networkers Services Company’s revenue primarily comes from its Computer Services segment, which generated SAR571.06 million.
Dividend Yield: 6.2%
Saudi Networkers Services offers a compelling dividend yield of 6.21%, placing it in the top 25% of Saudi Arabian dividend payers. Although dividends have been paid for only three years, they are well-covered by earnings (payout ratio: 73.2%) and cash flows (cash payout ratio: 47.3%). Recent executive changes, with Ahmad Abu Nehmeh appointed as Acting CEO, may influence future strategic directions but do not immediately impact its current dividend sustainability or value proposition.
SASE:9543 Dividend History as at Jul 2025
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:EIC DFM:CBD and SASE:9543.
This article was originally published by Simply Wall St.
