Middle Eastern Dividend Stocks To Watch In May 2025
As the Middle Eastern markets experience fluctuations, with UAE indices slightly down ahead of crucial US-China trade talks, investors are keenly observing how these developments will impact regional equities. In this dynamic environment, dividend stocks remain a focal point for those seeking stability and regular income, offering potential resilience amidst market uncertainties.
Top 10 Dividend Stocks In The Middle East
| Name | Dividend Yield | Dividend Rating |
| Turkiye Garanti Bankasi (IBSE:GARAN) | 4.34% | ★★★★★☆ |
| Emaar Properties PJSC (DFM:EMAAR) | 7.49% | ★★★★★☆ |
| Anadolu Hayat Emeklilik Anonim Sirketi (IBSE:ANHYT) | 7.40% | ★★★★★☆ |
| National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK) | 7.31% | ★★★★★☆ |
| Riyad Bank (SASE:1010) | 6.12% | ★★★★★☆ |
| Arab National Bank (SASE:1080) | 5.96% | ★★★★★☆ |
| Saudi National Bank (SASE:1180) | 5.71% | ★★★★★☆ |
| Saudi Awwal Bank (SASE:1060) | 5.85% | ★★★★★☆ |
| Delek Group (TASE:DLEKG) | 8.68% | ★★★★★☆ |
| Commercial Bank of Dubai PSC (DFM:CBD) | 6.11% | ★★★★★☆ |
Click here to see the full list of 77 stocks from our Top Middle Eastern Dividend Stocks screener.
Let's review some notable picks from our screened stocks.
Abu Dhabi Islamic Bank PJSC (ADX:ADIB)
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Abu Dhabi Islamic Bank PJSC offers banking, financing, and investing services in the United Arab Emirates, the Middle East, and internationally with a market cap of AED71.55 billion.
Operations: Abu Dhabi Islamic Bank PJSC generates revenue from several segments, including Global Retail Banking (AED5.29 billion), Global Wholesale Banking (AED1.79 billion), Associates & Subsidiaries (AED1.48 billion), Treasury (AED257.90 million), Real Estate (AED163.44 million), and Private Banking (AED243.19 million).
Dividend Yield: 4.2%
Abu Dhabi Islamic Bank PJSC reported a net income increase to AED 1.62 billion in Q1 2025, reflecting strong earnings growth. Despite a low dividend yield of 4.24% compared to top regional payers, the bank's dividends are covered by earnings with a sustainable payout ratio of 53.3%. However, its dividend history is marked by volatility and unreliability over the past decade, alongside concerns about high non-performing loans at 3.3%.
- Delve into the full analysis dividend report here for a deeper understanding of Abu Dhabi Islamic Bank PJSC.
- Insights from our recent valuation report point to the potential overvaluation of Abu Dhabi Islamic Bank PJSC shares in the market.
Enka Insaat ve Sanayi (IBSE:ENKAI)
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Enka Insaat ve Sanayi A.S., along with its subsidiaries, operates as a construction company in Turkey, Russia, Kazakhstan, Georgia, Europe, and internationally with a market cap of TRY398.96 billion.
Operations: Enka Insaat ve Sanayi A.S. generates revenue from several segments, including Trade (TRY9.14 billion), Energy (TRY10.74 billion), Real Estate Lease (TRY11 billion), and Construction Contracts (TRY73.91 billion).
Dividend Yield: 3.7%
Enka Insaat ve Sanayi reported Q1 2025 sales of US$825.07 million, with net income declining to US$106.75 million compared to the previous year. The company announced a TRY 2 dividend per share for April 2025, but its high cash payout ratio indicates dividends aren't well covered by free cash flow. Despite being among top dividend payers in Turkey, Enka's dividends have been volatile and unreliable over the past decade, though earnings growth was robust last year.
- Unlock comprehensive insights into our analysis of Enka Insaat ve Sanayi stock in this dividend report.
- Our comprehensive valuation report raises the possibility that Enka Insaat ve Sanayi is priced higher than what may be justified by its financials.
Delek Group (TASE:DLEKG)
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Delek Group Ltd. is an energy company involved in the exploration, development, production, and marketing of oil and gas both in Israel and internationally, with a market cap of ₪10.85 billion.
Operations: Delek Group's revenue segments include the development and production of oil and gas assets in the North Sea, generating ₪7.33 billion, and oil and gas exploration and production in Israel and its surroundings, contributing ₪3.66 billion.
Dividend Yield: 8.7%
Delek Group's dividend yield is among the top in Israel, supported by a sustainable payout ratio of 70.4% from earnings and 37.6% from cash flows. Despite trading below its estimated fair value, Delek's dividends have been volatile over the past decade, reflecting an unstable track record. Recent financials show a decline in sales to ILS 11.96 billion and net income to ILS 1.40 billion for 2024, alongside a share repurchase program valued at up to ILS 105 million through December 2025.
- Navigate through the intricacies of Delek Group with our comprehensive dividend report here.
- The analysis detailed in our Delek Group valuation report hints at an deflated share price compared to its estimated value.
Summing It All Up
- Take a closer look at our Top Middle Eastern Dividend Stocks list of 77 companies by clicking here.
- Are these companies part of your investment strategy? Use Simply Wall St to consolidate your holdings into a portfolio and gain insights with our comprehensive analysis tools.
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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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