3 Middle Eastern Dividend Stocks Yielding Up To 7.5%

Simply Wall St · 08/15 03:01

In the Middle East, Gulf equity markets have been experiencing modest gains as stronger oil prices help offset mixed earnings reports. Amidst this backdrop, dividend stocks can offer a stable income stream for investors looking to navigate the region's dynamic market conditions.

Top 10 Dividend Stocks In The Middle East

Name Dividend Yield Dividend Rating
Saudi Telecom (SASE:7010) 9.83% ★★★★★☆
Saudi Awwal Bank (SASE:1060) 6.26% ★★★★★☆
Riyad Bank (SASE:1010) 6.52% ★★★★★☆
National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK) 6.20% ★★★★★☆
Emirates NBD Bank PJSC (DFM:EMIRATESNBD) 3.82% ★★★★★☆
Emaar Properties PJSC (DFM:EMAAR) 6.83% ★★★★★☆
Commercial Bank of Dubai PSC (DFM:CBD) 5.23% ★★★★★☆
Banque Saudi Fransi (SASE:1050) 6.51% ★★★★★☆
Arab National Bank (SASE:1080) 5.99% ★★★★★☆
Anadolu Hayat Emeklilik Anonim Sirketi (IBSE:ANHYT) 7.03% ★★★★★☆

Click here to see the full list of 73 stocks from our Top Middle Eastern Dividend Stocks screener.

Underneath we present a selection of stocks filtered out by our screen.

R.A.K. Ceramics P.J.S.C (ADX:RAKCEC)

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

Overview: R.A.K. Ceramics P.J.S.C. manufactures and sells a range of ceramic products across the Middle East, Europe, Asia, and internationally with a market cap of AED2.63 billion.

Operations: R.A.K. Ceramics P.J.S.C. generates revenue through the manufacture and sale of diverse ceramic products across various regions, including the Middle East, Europe, and Asia.

Dividend Yield: 7.5%

R.A.K. Ceramics P.J.S.C. offers a dividend yield of 7.55%, placing it in the top 25% of payers in the AE market, with dividends covered by earnings and cash flows at payout ratios of 88.3% and 66.9%, respectively. However, its dividend track record is unstable with past volatility and decline over ten years, despite recent earnings growth shown by increased sales to AED 826.75 million for Q2 2025 from AED 777.02 million a year ago.

ADX:RAKCEC Dividend History as at Aug 2025
ADX:RAKCEC Dividend History as at Aug 2025

Plasson Industries (TASE:PLSN)

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

Overview: Plasson Industries Ltd develops, manufactures, and markets technical products across various global regions, with a market cap of ₪1.88 billion.

Operations: Plasson Industries Ltd generates revenue through its key segments, which include Products for Animals at ₪588.41 million and Connection Accessories for Plumbing at ₪890.61 million.

Dividend Yield: 4.1%

Plasson Industries Ltd's dividend payments have increased over the past decade but remain volatile and unreliable, with a yield of 4.07% below the top 25% in the IL market. Despite this, dividends are well-covered by earnings (payout ratio: 47%) and cash flows (cash payout ratio: 59.9%). Recent Q1 earnings show sales growth to ILS 450.62 million from ILS 421.38 million last year, though net income slightly decreased to ILS 41.21 million from ILS 42.76 million.

TASE:PLSN Dividend History as at Aug 2025
TASE:PLSN Dividend History as at Aug 2025

Rami Levi Chain Stores Hashikma Marketing 2006 (TASE:RMLI)

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

Overview: Rami Levi Chain Stores Hashikma Marketing 2006 Ltd operates a chain of discount retail stores in Israel and has a market cap of ₪4.22 billion.

Operations: Rami Levi Chain Stores Hashikma Marketing 2006 Ltd generates revenue primarily from its Retail Chains segment, which accounts for ₪6.64 billion, and also earns income from its Good Pharm Wholesale segment totaling ₪455.07 million.

Dividend Yield: 5.7%

Rami Levi Chain Stores Hashikma Marketing 2006 Ltd's dividends are covered by both earnings (payout ratio: 72.7%) and cash flows (cash payout ratio: 47.7%), but they have been volatile over the past decade. The dividend yield of 5.68% is slightly below the top tier in the IL market, and recent Q1 results show sales growth to ILS 1.85 billion, though net income fell to ILS 50.96 million from ILS 58.25 million last year.

TASE:RMLI Dividend History as at Aug 2025
TASE:RMLI Dividend History as at Aug 2025

Where To Now?

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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.