3 Middle Eastern Dividend Stocks Yielding Up To 7.5%

Amidst a backdrop of weak oil prices and cautious sentiment due to the Federal Reserve's rate outlook, most Gulf markets have recently seen declines, highlighting the interconnectedness of global monetary policies and regional equities. In such an environment, dividend stocks can offer a measure of stability and income potential, making them an attractive option for investors seeking to navigate these uncertain market conditions.

Top 10 Dividend Stocks In The Middle East

Name Dividend Yield Dividend Rating Turkiye Garanti Bankasi (IBSE:GARAN) 3.27% ★★★★★☆ Saudi Awwal Bank (SASE:1060) 6.23% ★★★★★☆ Riyad Bank (SASE:1010) 6.63% ★★★★★☆ National General Insurance (P.J.S.C.) (DFM:NGI) 7.56% ★★★★★☆ National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK) 6.45% ★★★★★☆ Emaar Properties PJSC (DFM:EMAAR) 7.14% ★★★★★☆ Computer Direct Group (TASE:CMDR) 7.62% ★★★★★☆ Commercial Bank of Dubai PSC (DFM:CBD) 5.34% ★★★★★☆ Arab National Bank (SASE:1080) 5.39% ★★★★★☆ Anadolu Hayat Emeklilik Anonim Sirketi (IBSE:ANHYT) 5.56% ★★★★★☆

Click here to see the full list of 65 stocks from our Top Middle Eastern Dividend Stocks screener.

Below we spotlight a couple of our favorites from our exclusive screener.

Air Arabia PJSC

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

Overview: Air Arabia PJSC, along with its subsidiaries, operates in the air travel services industry and has a market capitalization of AED18.34 billion.

Operations: Air Arabia PJSC generates revenue primarily from its airline segment, totaling AED6.49 billion.

Dividend Yield: 6.4%

Air Arabia PJSC's dividend sustainability is supported by its earnings and cash flows, with payout ratios of 78.3% and 71.9%, respectively. Despite a history of volatile dividends, the company has increased payments over the past decade. Recent earnings indicate stability, with net income for the first half of 2025 at AED 654.91 million, up from AED 631.09 million a year ago. However, its dividend yield slightly lags behind top-tier payers in the AE market at 6.36%.

Unlock comprehensive insights into our analysis of Air Arabia PJSC stock in this dividend report. Insights from our recent valuation report point to the potential overvaluation of Air Arabia PJSC shares in the market.DFM:AIRARABIA Dividend History as at Nov 2025

National General Insurance (P.J.S.C.)

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

Overview: National General Insurance Co. (P.J.S.C.) operates in the United Arab Emirates, providing life and general insurance as well as reinsurance services, with a market cap of AED981.45 million.

Operations: National General Insurance Co. (P.J.S.C.) generates its revenue primarily from two segments: Insurance, contributing AED894.75 million, and Investments, adding AED107.57 million.

Story Continues

Dividend Yield: 7.6%

National General Insurance (P.J.S.C.) offers a compelling dividend yield at 7.56%, ranking in the top 25% of AE market payers. Despite its attractive yield, dividend reliability is a concern due to past volatility and instability. Nevertheless, dividends are well-covered by both earnings and cash flows, with payout ratios of 56.3% and 44.2%, respectively. Recent earnings showed slight fluctuations but remained stable overall, with net income for the first half of 2025 reaching AED 85.25 million from AED 80.85 million previously.

Delve into the full analysis dividend report here for a deeper understanding of National General Insurance (P.J.S.C.). According our valuation report, there's an indication that National General Insurance (P.J.S.C.)'s share price might be on the expensive side.DFM:NGI Dividend History as at Nov 2025

Vakko Tekstil ve Hazir Giyim Sanayi Isletmeleri

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

Overview: Vakko Tekstil ve Hazir Giyim Sanayi Isletmeleri A.S. operates in the textile and ready-to-wear clothing industry with a market capitalization of TRY10.90 billion.

Operations: Vakko Tekstil ve Hazir Giyim Sanayi Isletmeleri A.S. generates revenue primarily through its apparel segment, which accounts for TRY14.72 billion.

Dividend Yield: 3.7%

Vakko Tekstil ve Hazir Giyim Sanayi Isletmeleri offers a dividend yield of 3.67%, placing it in the top 25% of dividend payers in Turkey. The dividends are well-covered by earnings and cash flows, with low payout ratios of 17.8% and 23%, respectively, indicating sustainability despite only five years of payments. However, recent financials show a net loss for both the second quarter and first half of 2025, following its removal from the FTSE All-World Index.

Click to explore a detailed breakdown of our findings in Vakko Tekstil ve Hazir Giyim Sanayi Isletmeleri's dividend report. In light of our recent valuation report, it seems possible that Vakko Tekstil ve Hazir Giyim Sanayi Isletmeleri is trading beyond its estimated value.IBSE:VAKKO Dividend History as at Nov 2025

Next Steps

Reveal the 65 hidden gems among our Top Middle Eastern Dividend Stocks screener with a single click here. Hold shares in these firms? Setup your portfolio in Simply Wall St to seamlessly track your investments and receive personalized updates on your portfolio's performance. Join a community of smart investors by using Simply Wall St. It's free and delivers expert-level analysis on worldwide markets.

Contemplating Other Strategies?

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.

Companies discussed in this article include DFM:AIRARABIA DFM:NGI and IBSE:VAKKO.

This article was originally published by Simply Wall St.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]

View Comments