Middle Eastern Dividend Stocks Featuring Emaar Properties PJSC And Two Others

As Gulf markets experience mixed performances amid ongoing U.S.-Iran peace talks, investor sentiment in the Middle East is cautiously optimistic with indices such as Dubai’s and Abu Dhabi’s showing slight gains. In this context, dividend stocks like Emaar Properties PJSC offer potential appeal for investors seeking stability and income, especially when geopolitical developments influence market dynamics.

Top 10 Dividend Stocks In The Middle East

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

Let’s uncover some gems from our specialized screener.

Emaar Properties PJSC (DFM:EMAAR)

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

Overview: Emaar Properties PJSC, along with its subsidiaries, operates in property investment, development, and management both in the United Arab Emirates and internationally, with a market capitalization of AED114.55 billion.

Operations: Emaar Properties PJSC generates revenue from its key segments, including AED2.29 billion from Hospitality, AED41.72 billion from Real Estate, and AED7.84 billion from Leasing, Retail and Related Activities.

Dividend Yield: 7.8%

Emaar Properties PJSC offers a compelling dividend yield of 7.75%, placing it in the top 25% of dividend payers in the UAE market. Despite a history of volatile and unreliable dividends, recent earnings growth and low payout ratios suggest improved sustainability. The company reported strong Q1 2026 earnings with AED 4.99 billion net income, supporting its dividend coverage by both earnings and cash flows. Recent strategic moves, including a significant development project in Dubai, may impact future financial stability positively.

• Take a closer look at Emaar Properties PJSC’s potential here in our dividend report.
• Our valuation report unveils the possibility Emaar Properties PJSC’s shares may be trading at a discount.

Emirates NBD Bank PJSC (DFM:EMIRATESNBD)

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

Overview: Emirates NBD Bank PJSC, along with its subsidiaries, offers corporate, institutional, retail, treasury, and Islamic banking services and has a market cap of AED195.69 billion.

Operations: Emirates NBD Bank PJSC generates revenue from various segments, including Retail Banking and Wealth Management (AED17.44 billion), Corporate and Institutional Banking (AED12.37 billion), Global Markets and Treasury (AED2.46 billion), and Deniz Bank (AED11.71 billion).

Dividend Yield: 3.2%

Emirates NBD Bank PJSC has a stable dividend history over the past decade, with consistent increases and a low payout ratio of 26.7%, ensuring dividends are well covered by earnings. Despite recent share price volatility, its price-to-earnings ratio of 8.3x suggests good value compared to market averages. The bank’s recent $750 million fixed-income offering and steady earnings growth further support its capacity to maintain reliable dividend payments amidst manageable non-performing loans at 2.2%.

• Click here to discover the nuances of Emirates NBD Bank PJSC with our detailed analytical dividend report.
• Our expertly prepared valuation report Emirates NBD Bank PJSC implies its share price may be lower than expected.

National Shipping Company of Saudi Arabia (SASE:4030)

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

Overview: The National Shipping Company of Saudi Arabia, along with its subsidiaries, is involved in purchasing, selling, and operating vessels for cargo transportation within the Kingdom of Saudi Arabia and has a market cap of SAR30.31 billion.

Operations: The National Shipping Company of Saudi Arabia generates revenue from several segments, including SAR1.14 billion from Logistics, SAR8.50 billion from Transportation of Oil, SAR404.77 million from Transportation of Dry Bulk, and SAR2.96 billion from Transportation of Chemicals.

Dividend Yield: 3%

National Shipping Company of Saudi Arabia’s dividend yield is lower than the top 25% in the Saudi market, and its dividends have been volatile over the past decade. Despite this, dividends are well covered by earnings with a low payout ratio of 22.8% and cash flows at 64.2%. The company trades at a favorable price-to-earnings ratio of 7.6x compared to the market average, although earnings are forecasted to decline by an average of 17.3% annually over the next three years. Recent quarterly results showed significant sales growth to SAR 4.96 billion and net income increase to SAR 2.15 billion year-on-year, indicating strong current financial performance amidst future challenges.

• Dive into the specifics of National Shipping Company of Saudi Arabia here with our thorough dividend report.
• Our valuation report here indicates National Shipping Company of Saudi Arabia may be undervalued.

Taking Advantage

• Click this link to deep-dive into the 65 companies within our Top Middle Eastern Dividend Stocks screener.
• Invested in any of these stocks? Simplify your portfolio management with Simply Wall St and stay ahead with our alerts for any critical updates on your stocks.
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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.

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