Middle Eastern Dividend Stocks Featuring Emirates Insurance Company P.J.S.C And 2 Others
The Middle Eastern stock markets have recently experienced some volatility, with most Gulf indices slipping amid global trade tensions and fluctuating oil prices. Despite these challenges, dividend stocks remain an attractive option for investors seeking steady income streams, particularly in regions like the Middle East where companies like Emirates Insurance Company P.J.S.C offer promising opportunities.
Name
Dividend Yield
Dividend Rating
Commercial Bank of Dubai PSC (DFM:CBD)
7.10%
★★★★★★
Emaar Properties PJSC (DFM:EMAAR)
7.43%
★★★★★☆
National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK)
7.84%
★★★★★☆
Saudi National Bank (SASE:1180)
5.56%
★★★★★☆
Arab National Bank (SASE:1080)
5.56%
★★★★★☆
Riyad Bank (SASE:1010)
5.47%
★★★★★☆
Saudi Awwal Bank (SASE:1060)
5.30%
★★★★★☆
Emirates NBD Bank PJSC (DFM:EMIRATESNBD)
4.94%
★★★★★☆
Saudi Telecom (SASE:7010)
9.24%
★★★★★☆
Nuh Çimento Sanayi (IBSE:NUHCM)
3.43%
★★★★★☆
Click here to see the full list of 64 stocks from our Top Middle Eastern Dividend Stocks screener.
Let's uncover some gems from our specialized screener.
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Emirates Insurance Company P.J.S.C. operates in the general insurance and reinsurance sectors across the United Arab Emirates, the United States, and Europe, with a market cap of AED1.12 billion.
Operations: Emirates Insurance Company P.J.S.C. generates revenue from two main segments: Underwriting, contributing AED2.16 billion, and Investments, adding AED99.81 million.
Dividend Yield: 6.9%
Emirates Insurance Company P.J.S.C. offers a dividend yield of 6.92%, placing it among the top 25% of dividend payers in the AE market, though recent announcements indicate a decrease to AED 0.50 per share. Despite stable and reliable dividends over the past decade, concerns arise due to a high cash payout ratio of 362.1%, suggesting dividends are not well covered by free cash flows, although earnings cover them with a payout ratio of 68.9%.
Click here to discover the nuances of Emirates Insurance Company P.J.S.C with our detailed analytical dividend report.
The valuation report we've compiled suggests that Emirates Insurance Company P.J.S.C's current price could be inflated.
Simply Wall St Dividend Rating: ★★★★★☆
Overview: FMS Enterprises Migun Ltd manufactures and sells ballistic protection raw materials and products globally, with a market cap of ₪1.65 billion.
Operations: FMS Enterprises Migun Ltd generates its revenue primarily from the Aerospace & Defense segment, which accounts for $128.07 million.
Dividend Yield: 6.6%
FMS Enterprises Migun's dividend yield of 6.65% ranks it in the top 25% of IL market payers, supported by a sustainable cash payout ratio of 68.4%. Despite earnings and cash flows adequately covering dividends, their volatility over the past decade raises reliability concerns. Recent financial results show growth, with sales reaching US$128.07 million and net income at US$43.38 million for 2024, reflecting an increase from the previous year, potentially bolstering future dividend stability.
Click here and access our complete dividend analysis report to understand the dynamics of FMS Enterprises Migun.
Our expertly prepared valuation report FMS Enterprises Migun implies its share price may be lower than expected.
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Mizrahi Tefahot Bank Ltd. offers a variety of international, commercial, domestic, and personal banking services to individuals and businesses in Israel and abroad, with a market cap of ₪43.51 billion.
Operations: Mizrahi Tefahot Bank Ltd. generates revenue from several segments, including Private Banking (₪79 million), Business Banking (₪2.58 billion), Small Businesses (₪2.60 billion), Commercial Banking (₪639 million), Households - Others (₪5.32 billion), Financial Management (₪607 million), and Households - Mortgages (₪2.39 billion).
Dividend Yield: 5%
Mizrahi Tefahot Bank's dividend yield of 5.03% is below the top quartile in Israel, but its payout ratio of 40% ensures dividends are well covered by earnings. Despite a history of volatility and unreliability in dividend payments, recent earnings growth of 11.1% and a net income increase to ILS 5.46 billion suggest potential for improved stability. The bank's low allowance for bad loans at 97% also supports financial health amidst governance enhancements with new board appointments.
Unlock comprehensive insights into our analysis of Mizrahi Tefahot Bank stock in this dividend report.
Our valuation report here indicates Mizrahi Tefahot Bank may be undervalued.
Embark on your investment journey to our 64 Top Middle Eastern Dividend Stocks selection here.
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Explore high-performing small cap companies that haven't yet garnered significant analyst attention.
Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management.
Find companies with promising cash flow potential yet trading below their fair value.
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:EIC TASE:FBRT and TASE:MZTF.
Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@simplywallst.com
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Setup your portfolio in Simply Wall St to seamlessly track your investments and receive personalized updates on your portfolio's performance. Discover a world of investment opportunities with Simply Wall St's free app and access unparalleled stock analysis across all markets. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. 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 IBSE:GLRMK IBSE:RAYSG and TASE:KEN. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
