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editorial-team@simplywallst.com (Simply Wall St)
4 min read
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The Middle Eastern stock markets have recently experienced some volatility, with most Gulf indices slipping amid global trade tensions and fluctuating oil prices. Despite these challenges, dividend stocks remain an attractive option for investors seeking steady income streams, particularly in regions like the Middle East where companies like Emirates Insurance Company P.J.S.C offer promising opportunities.
|
Name |
Dividend Yield |
Dividend Rating |
|
Commercial Bank of Dubai PSC (DFM:CBD) |
7.10% |
★★★★★★ |
|
Emaar Properties PJSC (DFM:EMAAR) |
7.43% |
★★★★★☆ |
|
National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK) |
7.84% |
★★★★★☆ |
|
Saudi National Bank (SASE:1180) |
5.56% |
★★★★★☆ |
|
Arab National Bank (SASE:1080) |
5.56% |
★★★★★☆ |
|
Riyad Bank (SASE:1010) |
5.47% |
★★★★★☆ |
|
Saudi Awwal Bank (SASE:1060) |
5.30% |
★★★★★☆ |
|
Emirates NBD Bank PJSC (DFM:EMIRATESNBD) |
4.94% |
★★★★★☆ |
|
Saudi Telecom (SASE:7010) |
9.24% |
★★★★★☆ |
|
Nuh Çimento Sanayi (IBSE:NUHCM) |
3.43% |
★★★★★☆ |
Click here to see the full list of 64 stocks from our Top Middle Eastern Dividend Stocks screener.
Let’s uncover some gems from our specialized 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 AED1.12 billion.
Operations: Emirates Insurance Company P.J.S.C. generates revenue from two main segments: Underwriting, contributing AED2.16 billion, and Investments, adding AED99.81 million.
Dividend Yield: 6.9%
Emirates Insurance Company P.J.S.C. offers a dividend yield of 6.92%, placing it among the top 25% of dividend payers in the AE market, though recent announcements indicate a decrease to AED 0.50 per share. Despite stable and reliable dividends over the past decade, concerns arise due to a high cash payout ratio of 362.1%, suggesting dividends are not well covered by free cash flows, although earnings cover them with a payout ratio of 68.9%.
Simply Wall St Dividend Rating: ★★★★★☆
Overview: FMS Enterprises Migun Ltd manufactures and sells ballistic protection raw materials and products globally, with a market cap of ₪1.65 billion.
Operations: FMS Enterprises Migun Ltd generates its revenue primarily from the Aerospace & Defense segment, which accounts for $128.07 million.
