Middle Eastern Dividend Stocks Including Abu Dhabi Islamic Bank PJSC And 2 More

Amid rising geopolitical tensions between the United States and Iran, most Gulf stock markets have extended their losses, reflecting investor caution in the region. In this climate of uncertainty, dividend stocks can offer a measure of stability and income potential for investors seeking to navigate volatile market conditions.

Top 10 Dividend Stocks In The Middle East

Click here to see the full list of 71 stocks from our Top Middle Eastern Dividend Stocks screener.

Here’s a peek at a few of the choices from the screener.

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

Overview: Abu Dhabi Islamic Bank PJSC offers banking, financing, and investing services across the United Arab Emirates, the Middle East, and internationally with a market capitalization of AED79.40 billion.

Operations: Abu Dhabi Islamic Bank PJSC’s revenue is primarily derived from Global Retail Banking (AED5.51 billion), Global Wholesale Banking (AED1.89 billion), Associates & Subsidiaries (AED1.98 billion), Treasury operations (AED876.04 million), Real Estate activities (AED277.26 million), and Private Banking services (AED267.88 million).

Dividend Yield: 4.4%

Abu Dhabi Islamic Bank PJSC’s dividend payments are covered by earnings with a payout ratio of 54.8%, and this coverage is expected to remain stable over the next three years. However, its dividend yield of 4.44% is lower than the top quartile in the AE market, and its dividends have been volatile over the past decade, despite an overall increase. Recent Q1 2026 results show net income growth to AED 1.83 billion, indicating potential for future stability in payouts despite high bad loans at 2.3%.

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

Overview: The National Bank of Ras Al-Khaimah (P.S.C.) offers retail, Islamic, and commercial banking products and services in the UAE with a market cap of AED18.49 billion.

Operations: The National Bank of Ras Al-Khaimah (P.S.C.) generates revenue from Retail Banking (AED1.25 billion), Business Banking (AED1.77 billion), and Wholesale Banking (AED1.71 billion) segments in the UAE.

Dividend Yield: 6.9%

RAKBANK’s dividend yield of 6.86% places it among the top 25% in the AE market, supported by a low payout ratio of 43.7%. Despite earnings growth of 31.9% last year, dividends have been volatile over the past decade and are forecasted to face challenges with expected earnings declines averaging 17.9% annually for three years. Recent Q1 results showed net income rising to AED 1 billion from AED 704 million, reflecting strong short-term performance but uncertain long-term sustainability.

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

Overview: Türkiye Petrol Rafinerileri A.S., along with its subsidiaries, is involved in the procurement and refining of crude oil, petroleum, and chemical products both within Turkey and internationally, with a market capitalization of TRY509.16 billion.

Operations: Türkiye Petrol Rafinerileri A.S. generates revenue primarily from its refining segment, which accounts for TRY872.15 billion, and its electric segment, contributing TRY8.88 billion.

Dividend Yield: 6.5%

Türkiye Petrol Rafinerileri’s dividend yield of 6.48% ranks it in the top 25% of Turkish dividend payers, though its high payout ratio of 99.7% indicates dividends are not well covered by earnings. Despite a history of volatility, dividends have grown over the past decade, supported by a reasonable cash payout ratio (52.6%). Recent Q1 results show significant growth with sales at TRY 258.25 billion and net income rising to TRY 3.71 billion, suggesting improved short-term financial health but long-term sustainability concerns remain due to unreliable past dividend performance.

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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
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Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
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