As most Gulf markets experience gains ahead of earnings announcements and key U.S. economic data releases, the Middle Eastern stock landscape presents intriguing opportunities for investors. In this environment, dividend stocks can offer a compelling combination of income and potential stability, making them an attractive consideration for those looking to diversify their portfolios amidst fluctuating market conditions.

Top 10 Dividend Stocks In The Middle East

Name Dividend Yield Dividend Rating Emaar Properties PJSC (DFM:EMAAR) 7.63% ★★★★★☆ Arab National Bank (SASE:1080) 6.05% ★★★★★☆ National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK) 7.35% ★★★★★☆ Anadolu Hayat Emeklilik Anonim Sirketi (IBSE:ANHYT) 7.23% ★★★★★☆ Saudi National Bank (SASE:1180) 5.60% ★★★★★☆ Riyad Bank (SASE:1010) 5.85% ★★★★★☆ Saudi Awwal Bank (SASE:1060) 5.71% ★★★★★☆ Emirates NBD Bank PJSC (DFM:EMIRATESNBD) 4.87% ★★★★★☆ Saudi Telecom (SASE:7010) 8.82% ★★★★★☆ Commercial Bank of Dubai PSC (DFM:CBD) 5.53% ★★★★★☆

Click here to see the full list of 70 stocks from our Top Middle Eastern Dividend Stocks screener.

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

Turkiye Garanti Bankasi

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

Overview: Turkiye Garanti Bankasi A.S. offers a range of banking products and services in Turkey, with a market cap of TRY431.34 billion.

Operations: Turkiye Garanti Bankasi A.S. generates revenue through its diverse banking products and services in Turkey.

Dividend Yield: 4.3%

Turkiye Garanti Bankasi's recent financial performance shows strong net interest and net income growth, with net interest income reaching TRY 39.33 billion in Q1 2025. The bank declared an annual dividend of TRY 4.3893 per share, reflecting a growing but historically volatile dividend track record. Despite this volatility, the current payout ratio is low at 20.2%, indicating dividends are well covered by earnings, which supports sustainability for dividend investors in the Middle East market.

Get an in-depth perspective on Turkiye Garanti Bankasi's performance by reading our dividend report here. The analysis detailed in our Turkiye Garanti Bankasi valuation report hints at an deflated share price compared to its estimated value.IBSE:GARAN Dividend History as at May 2025

Matrix IT

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

Overview: Matrix IT Ltd. offers information technology solutions and services across Israel, the United States, Europe, and internationally, with a market cap of ₪5.65 billion.

Operations: Matrix IT Ltd. generates revenue from several segments including Cloud and Computing Infrastructure (₪1.52 billion), Marketing and Support of Software Products (₪456.77 million), Information Technology Solutions and Services in the United States (₪460.94 million), and Information Technology Solutions, Consulting, and Management in Israel, which includes Training and Implementation (₪3.34 billion).

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Dividend Yield: 3.6%

Matrix IT's recent financials reveal steady growth, with full-year sales reaching ILS 5.58 billion and net income at ILS 272.42 million for 2024. The company declared a cash dividend of ILS 0.82 per share, though its yield of 3.61% falls below the top tier in the IL market. While dividends are well-covered by earnings (74.8%) and cash flows (35.3%), their historical volatility raises concerns about reliability despite a decade-long increase in payments.

Click here to discover the nuances of Matrix IT with our detailed analytical dividend report. Our valuation report here indicates Matrix IT may be undervalued.TASE:MTRX Dividend History as at May 2025

NewMed Energy - Limited Partnership

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

Overview: NewMed Energy - Limited Partnership operates in the exploration, development, production, and sale of petroleum, natural gas, and condensate across Israel, Jordan, and Egypt with a market cap of ₪15.88 billion.

Operations: NewMed Energy - Limited Partnership generates revenue from its Oil & Gas - Exploration & Production segment, totaling $973.10 million.

Dividend Yield: 5.7%

NewMed Energy's dividend payments have been volatile over the past decade, but they are well-covered by earnings (49.5% payout ratio) and cash flows (54% cash payout ratio). Despite a lower yield of 5.72% compared to top-tier IL market payers, dividends have increased over the past ten years. The company's financial position reveals high debt levels, yet recent earnings growth—21.6% last year—supports its ability to maintain dividend coverage.

Unlock comprehensive insights into our analysis of NewMed Energy - Limited Partnership stock in this dividend report. In light of our recent valuation report, it seems possible that NewMed Energy - Limited Partnership is trading beyond its estimated value.TASE:NWMD Dividend History as at May 2025

Key Takeaways

Discover the full array of 70 Top Middle Eastern Dividend Stocks right 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. Unlock the power of informed investing with Simply Wall St, your free guide to navigating stock markets worldwide.

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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 IBSE:GARAN TASE:MTRX and TASE:NWMD.

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