Middle Eastern stock markets have experienced recent volatility, with UAE shares subdued due to renewed tensions in the Gulf region. Despite these challenges, resilient local fundamentals and potential regional de-escalation may provide opportunities for investors seeking stable returns. In this context, dividend stocks can be attractive because they provide a consistent income stream even amid market volatility.
Top 10 Dividend Stocks in the Middle East
Name
dividend yield
dividend rating
Türkiye Garanti Bankasi (IBSE:GARAN)
3.20%
★★★★★☆
Saudi Investment Bank (SASE:1030)
5.97%
★★★★★☆
National General Insurance (PJSC) (DFM:NGI)
8.04%
★★★★★☆
Matrix IT (TASE:MTRX)
3.62%
★★★★★☆
Gan Samuel Foods (TASE:GSFI)
6.90%
★★★★★☆
Emirates Insurance Company PJSC (ADX:EIC)
7.89%
★★★★★★
Emaar Properties PJSC (DFM:EMAAR)
8.09%
★★★★★☆
Dubai Insurance Company (PSC) (DFM:DIN)
5.88%
★★★★★☆
Arab National Bank (SASE:1080)
6.14%
★★★★★☆
Anadolu Hayat Emeklilik Anonyme Sirketi (IBSE:ANHYT)
Here we highlight a subset of our favorite stocks from the screener.
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Abu Dhabi Islamic Bank PJSC, with a market capitalization of AED74.89 billion, provides banking, financing and investment services in the UAE, the wider Middle East and internationally.
Operation: Abu Dhabi Islamic Bank PJSC’s revenue is generated through its diversified operations in banking, financing and investment services in various sectors.
dividend yield: 4.7%
Abu Dhabi Islamic Bank PJSC’s dividend payments have been unstable over the past decade, sometimes falling by more than 20%. Despite this, the dividend is currently supported by earnings with a payout ratio of 54.9%, which is projected to be sustainable at 51.5% over three years. The bank reported strong first quarter 2026 results, including AED 2.34 billion in net interest income and AED 1.71 billion in net income, yet its dividend yield remains modest compared to top-tier payers in the region.
ADX: ADIB Dividend History until May 2026
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Türkiye Petrol Rafinerileri AS, together with its subsidiaries, with a market capitalization of TRY499.52 billion, operates in the procurement and refining of crude oil, petroleum and chemical products in Turkey and internationally.
Operation: Türkiye Petrol Refinery AS generates its revenue primarily from its refining segment, which contributes TRY872.15 billion, and also from its electric segment, which contributes TRY8.88 billion.
dividend yield: 6.6%
Türkiye Petrol Refineryleri’s dividend yield of 6.63% ranks among the top 25% of payers in the Turkish market, yet it is not well covered by earnings due to its high payout ratio of 99.7%. While dividends have increased over the past decade, they remain volatile and unreliable. Recent Q1 results show significant growth with TRY 3.71 billion net income, but sustainability concerns remain as dividends are not fully supported by earnings or cash flow despite a reasonable cash payout ratio of 52.6%.
IBSE:TUPRS Dividend History till May 2026
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: IDI Insurance Company Limited, with a market cap of ₪3.55 billion, provides insurance products and services to individuals and corporate clients in Israel.
Operation: IDI Insurance Company Limited mainly generates revenues of ₪2.96 billion from its general insurance segment, followed by life insurance and long-term savings of ₪356.77 million and health insurance of ₪314.11 million.
dividend yield: 7.1%
IDI Insurance offers a 7.05% dividend yield, which puts it in the top 25% of the Israel market, although it is not well supported by free cash flow due to a high cash payout ratio of 116.8%. Despite earnings growth of 12.5% annually over five years and a reasonable payout ratio of 70%, the dividend has been volatile and unreliable over the past decade. The latest earnings show net income at ILS 356.95 million with improved EPS figures year-on-year.
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This article from Simply Wall St is of a general nature. We only provide commentary based on historical data and analyst forecasts using unbiased methodology and our articles are not intended to provide financial advice. It does not recommend buying or selling any stock, and does not take into account your objectives, or your financial situation. Our goal is to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not take into account the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any of the stocks mentioned.
The companies discussed in this article include ADX:ADIB IBSE:TUPRS and TASE:IDIN.
This article was originally published by Simply Wall St.
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