3 Middle Eastern Dividend Stocks With Up To 10.3% Yield For Your Portfolio

As Middle Eastern markets navigate the challenges posed by fluctuating oil prices and global supply concerns, investors are closely monitoring indices in the region such as Abu Dhabi’s benchmark, which recently experienced its steepest decline in over a month. In this environment, dividend stocks can offer a measure of stability and income potential, making them an appealing choice for those looking to balance risk with returns.

Click here to see the full list of 67 stocks from our Top Middle Eastern Dividend Stocks screener.

Let’s dive into some prime choices out of the screener.

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

Overview: The National Bank of Ras Al-Khaimah (P.S.C.) offers retail, Islamic, and commercial banking services in the UAE and has a market cap of AED15.59 billion.

Operations: The National Bank of Ras Al-Khaimah (P.S.C.) generates revenue from Retail Banking (AED1.35 billion), Business Banking (AED1.82 billion), and Wholesale Banking (AED1.41 billion) segments in the United Arab Emirates.

Dividend Yield: 6.5%

National Bank of Ras Al-Khaimah (P.S.C.) offers a dividend yield in the top 25% of the AE market, supported by a low payout ratio of 40.9%, indicating dividends are well covered by earnings. Recent earnings growth further strengthens this position, with net income reaching AED 705.31 million for Q3 2025. However, its dividend history is marked by volatility and unreliability over the past decade, despite recent increases in payments. The stock trades at a favorable P/E ratio of 6.3x compared to the market average.

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

Overview: Türkiye Petrol Rafinerileri A.S., along with its subsidiaries, operates in the refining of crude oil, petroleum, and chemical products both in Turkey and internationally, with a market cap of TRY380.73 billion.

Operations: Türkiye Petrol Rafinerileri A.S. generates revenue from refining crude oil, petroleum, and chemical products in both domestic and international markets.

Dividend Yield: 10%

Türkiye Petrol Rafinerileri’s dividend yield ranks in the top 25% of the Turkish market, supported by a payout ratio of 68%, indicating coverage by earnings. However, its dividend history is unstable, with notable volatility over the past decade. Despite this, recent financial results show increased net income to TRY 12.16 billion for Q3 2025. The stock is attractively valued with a P/E ratio of 17.3x below the market average, though profit margins have declined year-over-year.

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

Overview: Gan Shmuel Foods Ltd. is an Israeli company that produces, markets, and sells citrus fruit, tomato, and other non-citrus fruit products with a market cap of ₪432.56 million.

Operations: Gan Shmuel Foods Ltd. generates revenue from two primary segments: Retailer, contributing $44.09 million, and Industrial, which accounts for $242.34 million.

Dividend Yield: 10.4%

Gan Shmuel Foods’ dividend yield is among the top 25% in Israel, though its history shows volatility over the past decade. Despite a decline in recent earnings—US$6.6 million for Q2 2025 from US$12.84 million year-over-year—the dividend remains well-covered by both earnings and cash flows, with payout ratios of 44.2% and 71.4%, respectively. The stock trades at a discount to its estimated fair value, offering potential value to investors despite an unstable dividend track record.

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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.

Companies discussed in this article include ADX:RAKBANK IBSE:TUPRS and TASE:GSFI.

This article was originally published by Simply Wall St.

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