Middle Eastern Dividend Stocks To Consider For Your Portfolio

Mon, Jul 28, 2025, 11:31 PM 4 min read

The Middle Eastern stock markets have recently experienced mixed performances, with the UAE showing gains driven by trade optimism and positive earnings expectations, while Saudi Arabia faced volatility due to mixed earnings results and several blue-chip stocks trading ex-dividend. In such a dynamic environment, dividend stocks can offer investors a measure of stability and income potential, making them an attractive consideration for those looking to navigate the current market landscape.

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

Let’s explore several standout options from the results in the screener.

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

Overview: Emirates NBD Bank PJSC, along with its subsidiaries, offers a range of corporate, institutional, retail, treasury, and Islamic banking services and has a market cap of AED168.65 billion.

Operations: Emirates NBD Bank PJSC generates revenue from several segments, including Deniz Bank with AED10.78 billion, Global Markets and Treasury with AED2.56 billion, Corporate and Institutional Banking with AED9.77 billion, and Retail Banking and Wealth Management contributing AED16.60 billion.

Dividend Yield: 3.7%

Emirates NBD Bank PJSC offers a stable dividend profile with a payout ratio of 29.8%, ensuring dividends are well covered by earnings. While its 3.75% yield is lower than top-tier dividend payers in the AE market, it has shown reliability and stability over the past decade. The bank’s price-to-earnings ratio of 8x suggests good value relative to peers, though it faces challenges with a high non-performing loan ratio of 2.8%.

• Navigate through the intricacies of Emirates NBD Bank PJSC with our comprehensive dividend report here.

• Insights from our recent valuation report point to the potential undervaluation of Emirates NBD Bank PJSC shares in the market.

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

Overview: Al Rajhi REIT Fund is a Sharia-compliant investment fund listed on Tadawul, focused on generating periodic income by investing in income-generating real estate assets in Saudi Arabia, with a market cap of SAR2.30 billion.