Middle Eastern Dividend Stocks Featuring Three Key Players

The Middle Eastern stock markets have recently experienced fluctuations, with most Gulf indices slipping due to ongoing hostilities in the region, affecting investor confidence and market stability. In such turbulent times, dividend stocks can offer a measure of resilience by providing regular income streams, making them an attractive option for investors seeking stability amidst geopolitical uncertainties.

Top 10 Dividend Stocks In The Middle East

Click here to see the full list of 74 stocks from our Top Middle Eastern Dividend Stocks screener.

We’ll examine a selection from our screener results.

Naturelgaz Sanayi ve Ticaret (IBSE:NTGAZ)

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

Overview: Naturelgaz Sanayi ve Ticaret A.S. operates in Turkey’s natural gas sector by purchasing, compressing, and delivering compressed natural gas (CNG) and liquefied natural gas (LNG), with a market capitalization of TRY7.91 billion.

Operations: Naturelgaz Sanayi ve Ticaret A.S. generates revenue of TRY8.13 billion from its non-regulated utility operations in Turkey’s natural gas sector.

Dividend Yield: 5%

Naturelgaz Sanayi ve Ticaret has shown promising growth in its earnings, reporting a net income of TRY 558.21 million for Q1 2026, up from TRY 459.84 million the previous year. The company’s dividend yield of 4.99% places it in the top quartile of Turkish dividend payers, with dividends well-covered by both earnings (payout ratio: 43.3%) and cash flows (cash payout ratio: 48.7%). However, it has only been paying dividends for five years, indicating limited historical stability despite recent increases and reliability.

• Click to explore a detailed breakdown of our findings in Naturelgaz Sanayi ve Ticaret’s dividend report.
• Our comprehensive valuation report raises the possibility that Naturelgaz Sanayi ve Ticaret is priced lower than what may be justified by its financials.

Arab National Bank (SASE:1080)

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

Overview: Arab National Bank offers a range of banking products and services across Saudi Arabia, other GCC countries, the Middle East, and internationally with a market cap of SAR42 billion.

Operations: Arab National Bank’s revenue is primarily derived from Corporate Banking (SAR3.90 billion), Retail Banking (SAR3.49 billion), Treasury operations (SAR1.54 billion), and Investment and Brokerage Services (SAR511.92 million).

Dividend Yield: 6.2%

Arab National Bank’s dividend yield of 6.16% ranks in the top 25% among Saudi Arabian dividend payers, though its history shows volatility with over 20% annual drops. Despite this, dividends are covered by earnings with a payout ratio of 51.9%, expected to remain stable at 51.6% in three years. The bank’s price-to-earnings ratio of 8.5x suggests it is trading at good value compared to the broader market average of 17.1x. Recent board changes include appointing Mr. Salah Rashid Al-Rashed as Chair and Mr. Abdulmohsen Ibrahim Altouq as Vice Chair following SAMA’s approval in April 2026.

• Dive into the specifics of Arab National Bank here with our thorough dividend report.
• The valuation report we’ve compiled suggests that Arab National Bank’s current price could be quite moderate.

Mizrahi Tefahot Bank (TASE:MZTF)

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

Overview: Mizrahi Tefahot Bank Ltd., along with its subsidiaries, offers a range of banking services both in Israel and internationally, with a market cap of ₪56.08 billion.

Operations: Mizrahi Tefahot Bank Ltd.’s revenue segments include Operations in Israel – Residential Mortgages (₪4.46 billion), Small and Micro Businesses (₪3.07 billion), Large Businesses (₪1.83 billion), Others (₪3.08 billion), Medium Businesses (₪897 million), Institutional Investors (₪399 million), and Private Banking (₪500 million).

Dividend Yield: 4.8%

Mizrahi Tefahot Bank’s dividend yield of 4.79% is below the top 25% in Israel, with a history of volatility over the past decade. Despite this, dividends are well-covered by earnings at a 50% payout ratio and expected to remain so in three years. The bank trades at 23% below estimated fair value, although its low allowance for bad loans (92%) may raise concerns. Recent earnings showed slight declines in net interest income and net income compared to last year.

• Unlock comprehensive insights into our analysis of Mizrahi Tefahot Bank stock in this dividend report.
• Our expertly prepared valuation report Mizrahi Tefahot Bank implies its share price may be lower than expected.

Turning Ideas Into Actions

• Unlock our comprehensive list of 74 Top Middle Eastern Dividend Stocks by clicking here.
• Have a stake in these businesses? Integrate your holdings into Simply Wall St’s portfolio for notifications and detailed stock reports.
• Discover a world of investment opportunities with Simply Wall St’s free app and access unparalleled stock analysis across all markets.

Ready For A Different Approach?

• 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.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com