3 Middle Eastern Dividend Stocks With Up To 6.5% Yield

Simply Wall St

Mon, February 16, 2026 at 12:31 PM GMT+9 4 min read

In this article:

EMAAR.AE

+1.23%

AELIY

-0.49%

YGGYO.IS

+4.48%

1030.SR

-3.21%

1060.SR

-1.50%

The Middle Eastern stock markets have recently experienced mixed performances, with Dubai’s index seeing a modest rise driven by strong earnings from Emaar Properties, while Abu Dhabi’s benchmark index fell after a nine-day winning streak. In this dynamic environment, investors often seek dividend stocks for their potential to provide steady income and resilience amid fluctuating market conditions.

Top 10 Dividend Stocks In The Middle East

Click here to see the full list of 49 stocks from our Top Middle Eastern Dividend Stocks screener.

Let’s take a closer look at a couple of our picks from the screened companies.

Abu Dhabi National Hotels Company PJSC

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

Overview: Abu Dhabi National Hotels Company PJSC owns and manages hotels in the United Arab Emirates, with a market cap of AED5.76 billion.

Operations: Abu Dhabi National Hotels Company PJSC generates revenue from its ownership and management of hotels within the United Arab Emirates.

Dividend Yield: 6.6%

Abu Dhabi National Hotels Company PJSC, while offering a dividend yield of 6.56% that ranks in the top 25% of AE market payers, presents a mixed picture for dividend reliability due to its volatile and historically unstable track record. The company’s dividends are well covered by earnings with a payout ratio of 34.9%, and cash flows with a cash payout ratio of 69%. Recent earnings showed increased sales to AED 3.49 billion but decreased net income, impacting profit margins.

Click here to discover the nuances of Abu Dhabi National Hotels Company PJSC with our detailed analytical dividend report.

According our valuation report, there's an indication that Abu Dhabi National Hotels Company PJSC's share price might be on the cheaper side.

ADX:ADNH Dividend History as at Feb 2026

Saudi Awwal Bank

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

Overview: Saudi Awwal Bank, along with its subsidiaries, offers banking and financial services in Saudi Arabia and has a market capitalization of SAR70.07 billion.

Operations: Saudi Awwal Bank generates its revenue through various banking and financial services within Saudi Arabia.

Story Continues  

Dividend Yield: 5.9%

Saudi Awwal Bank’s dividend yield of 5.87% places it in the top 25% of Saudi market payers, supported by a payout ratio of 50.9%, indicating dividends are well covered by earnings. Despite a history of volatility and unreliability in dividend payments, future coverage is forecasted to improve with a projected payout ratio of 47.8%. Recent full-year earnings increased to SAR 8.45 billion, reflecting stable financial performance amidst management changes and strategic board appointments.

Click to explore a detailed breakdown of our findings in Saudi Awwal Bank's dividend report.

The analysis detailed in our Saudi Awwal Bank valuation report hints at an deflated share price compared to its estimated value.

SASE:1060 Dividend History as at Feb 2026

Fourth Milling

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

Overview: Fourth Milling Company operates in the Kingdom of Saudi Arabia, producing flour, feed, bran, and wheat derivatives with a market cap of SAR1.98 billion.

Operations: Fourth Milling Company’s revenue from food processing amounts to SAR646.51 million.

Dividend Yield: 6%

Fourth Milling’s dividend yield of 6.01% ranks in the top 25% of Saudi market payers, supported by a payout ratio of 65.6%, indicating dividends are covered by earnings and cash flows. Trading at 37.7% below estimated fair value, it presents good relative value compared to peers. Recent executive changes include appointing Abdulaziz Al-Darrab as a board member, enhancing strategic leadership in the food sector, though it’s too early to assess dividend reliability or growth trends.

Unlock comprehensive insights into our analysis of Fourth Milling stock in this dividend report.

Our expertly prepared valuation report Fourth Milling implies its share price may be lower than expected.

SASE:2286 Dividend History as at Feb 2026

Seize The Opportunity

Investigate our full lineup of 49 Top Middle Eastern Dividend Stocks right here.

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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:ADNH SASE:1060 and SASE:2286.

This article was originally published by Simply Wall St.

Have feedback on this article? Concerned about the content? Get in touch with us directly._ Alternatively, email editorial-team@simplywallst.com_

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