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Yahoo
2 days ago
- Automotive
- Yahoo
Top 3 Middle Eastern Dividend Stocks To Enhance Your Portfolio
As most Gulf markets experience an upswing, with Dubai's main index reaching its highest point in over 17 years, investors are increasingly turning their attention to dividend stocks as a means of enhancing portfolio stability and income. In the current environment of rising indices and steady oil prices, a strong dividend stock is characterized by consistent payouts and robust financial health, making it an attractive option for those looking to capitalize on the region's economic momentum. Name Dividend Yield Dividend Rating Turkiye Garanti Bankasi (IBSE:GARAN) 3.78% ★★★★★☆ Saudi National Bank (SASE:1180) 5.84% ★★★★★☆ Saudi Awwal Bank (SASE:1060) 6.19% ★★★★★☆ Riyad Bank (SASE:1010) 6.46% ★★★★★☆ National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK) 7.40% ★★★★★☆ Emirates NBD Bank PJSC (DFM:EMIRATESNBD) 4.52% ★★★★★☆ Emaar Properties PJSC (DFM:EMAAR) 7.49% ★★★★★☆ Commercial Bank of Dubai PSC (DFM:CBD) 5.77% ★★★★★☆ Arab National Bank (SASE:1080) 6.04% ★★★★★☆ Anadolu Hayat Emeklilik Anonim Sirketi (IBSE:ANHYT) 7.98% ★★★★★☆ Click here to see the full list of 74 stocks from our Top Middle Eastern Dividend Stocks screener. Here we highlight a subset of our preferred stocks from the screener. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: Ford Otomotiv Sanayi A.S. is involved in the manufacture, assembly, import, export, and sale of motor vehicles and spare parts mainly in Turkey with a market cap of TRY307.22 billion. Operations: Ford Otomotiv Sanayi generates revenue from the manufacturing and sale of motor vehicles amounting to TRY584.39 billion. Dividend Yield: 3.6% Ford Otomotiv Sanayi presents a mixed picture for dividend investors. While its dividend yield of 3.58% ranks in the top 25% of the Turkish market, dividends have been volatile and not well covered by cash flows, with a high cash payout ratio of 130.4%. However, earnings growth is forecast at 37.55% per year, potentially supporting future payouts. Recent strategic alliances and agreements may bolster long-term competitiveness but current financials show declining sales and net income as of Q1 2025. Delve into the full analysis dividend report here for a deeper understanding of Ford Otomotiv Sanayi. The analysis detailed in our Ford Otomotiv Sanayi valuation report hints at an deflated share price compared to its estimated value. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: Vakko Tekstil ve Hazir Giyim Sanayi Isletmeleri A.S. operates in the fashion and textile industry, focusing on luxury clothing and accessories, with a market capitalization of TRY9.06 billion. Operations: Vakko Tekstil ve Hazir Giyim Sanayi Isletmeleri A.S. generates revenue primarily from its Apparel segment, amounting to TRY14.67 billion. Dividend Yield: 4.4% Vakko Tekstil ve Hazir Giyim Sanayi Isletmeleri offers a compelling dividend profile with a payout ratio of 18.5%, indicating dividends are well-covered by earnings. Despite only four years of dividend history, payments have been stable and reliable, recently increasing to TRY 4 per share. The company's dividend yield is in the top quartile of the Turkish market at 4.42%. However, profit margins have decreased from last year, which may impact future performance. Take a closer look at Vakko Tekstil ve Hazir Giyim Sanayi Isletmeleri's potential here in our dividend report. Our expertly prepared valuation report Vakko Tekstil ve Hazir Giyim Sanayi Isletmeleri implies its share price may be too high. Simply Wall St Dividend Rating: ★★★★★☆ Overview: Banque Saudi Fransi offers banking and financial services to individuals and businesses both in the Kingdom of Saudi Arabia and internationally, with a market cap of SAR43.31 billion. Operations: Banque Saudi Fransi's revenue is primarily derived from its Retail Banking segment at SAR6.11 billion, followed by Corporate Banking at SAR5.59 billion, and Investment Banking & Brokerage at SAR593.84 million. Dividend Yield: 5.7% Banque Saudi Fransi's dividend payments have been volatile, with a recent decrease to SAR 1.50 per share for 2024, totaling SAR 2.45 billion. Despite this instability, the bank maintains a reasonable payout ratio of 55.3%, suggesting dividends are covered by earnings and forecasted to remain so at 51.7% in three years. Its dividend yield is among the top quartile in Saudi Arabia at 5.73%, supported by growing net income and interest income figures reported recently. Click here to discover the nuances of Banque Saudi Fransi with our detailed analytical dividend report. The valuation report we've compiled suggests that Banque Saudi Fransi's current price could be inflated. Click this link to deep-dive into the 74 companies within our Top Middle Eastern Dividend Stocks screener. Have a stake in these businesses? Integrate your holdings into Simply Wall St's portfolio for notifications and detailed stock reports. Simply Wall St is your key to unlocking global market trends, a free user-friendly app for forward-thinking investors. 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:FROTO IBSE:VAKKO and SASE:1050. This article was originally published by Simply Wall St. 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
Zawya
21-05-2025
- Business
- Zawya
Mideast Stocks: Saudi Arabia's stock index sees worst session in six weeks
Saudi Arabia's benchmark stock index logged its worst session in six weeks, ending the day 1.2% lower, while most other major Gulf markets also closed in the red, as investors worried about mounting fiscal pressures in major economies. Moody's recent downgrade of the U.S. credit rating has shaken investor confidence, especially amid concerns that President Donald Trump's proposed tax cuts could add $3 trillion–$5 trillion to the existing $36 trillion debt. Persistent trade deadlocks and pressure from key partners to ease tariffs have only deepened the unease. External pressures dampened regional market sentiment, with investors closely monitoring talks surrounding Trump's proposed tax cut bill, Joseph Dahrieh, Managing Principal at Tickmill said in a note. Meanwhile, official data showed that Saudi Arabia's crude exports in March fell to 5.754 million barrels per day (bpd) from 6.547 million bpd in February. Oil prices rose more than 1% on Wednesday. Both stock markets in UAE also settled lower, with Dubai's main share index down 0.53% and Abu Dhabi's benchmark index 0.42% lower. Outside the Gulf, Egypt's blue-chip index extended gains to a second session, closing up 0.66%. Egypt's central bank is expected to lower overnight interest rates by a median of 175 basis points on Thursday, a Reuters poll showed. Market sentiment is being bolstered by growing optimism that the central bank may cut rates at its upcoming meeting, Dahrieh added. SAUDI ARABIA down 1.18% to 11,303.68 ABU DHABI down 0.42% to 9,666.47 DUBAI down 0.53% to 5,438.42 QATAR up 0.08% to 10,772.36 EGYPT up 0.66% to 31,836.63 BAHRAIN down 0.06% to 1,920.84 OMAN up 0.31% 4,471.13 KUWAIT up 0.39% to 8,735.4 (Reporting by Chandini Monnappa and Rishab Shaju in Bengaluru; Editing by Sahal Muhammed)
Yahoo
19-05-2025
- Business
- Yahoo
Middle Eastern Penny Stocks With Market Caps Under US$400M
As Gulf bourses display mixed results, with investors on the lookout for new catalysts amid fluctuating oil prices and shifting global trade dynamics, attention turns to the potential of smaller market players. Penny stocks, a term that may seem outdated, still hold relevance as they often represent smaller or newer companies with significant growth potential. This article will explore three such stocks from the Middle East that combine financial strength with promising opportunities for investors seeking hidden value. Name Share Price Market Cap Financial Health Rating Thob Al Aseel (SASE:4012) SAR4.17 SAR1.67B ★★★★★★ Keir International (SASE:9542) SAR3.95 SAR474M ★★★★★☆ Alarum Technologies (TASE:ALAR) ₪2.797 ₪195.88M ★★★★★★ Terminal X Online (TASE:TRX) ₪4.535 ₪575.97M ★★★★★★ Oil Refineries (TASE:ORL) ₪0.927 ₪2.88B ★★★★★☆ Tgi Infrastructures (TASE:TGI) ₪2.207 ₪164.07M ★★★★★★ Sharjah Cement and Industrial Development (PJSC) (ADX:SCIDC) AED0.701 AED426.39M ★★★★★★ Dubai National Insurance & Reinsurance (P.S.C.) (DFM:DNIR) AED2.88 AED332.64M ★★★★★★ E7 Group PJSC (ADX:E7) AED1.00 AED2.02B ★★★★★★ Dubai Investments PJSC (DFM:DIC) AED2.38 AED10.03B ★★★★☆☆ Click here to see the full list of 93 stocks from our Middle Eastern Penny Stocks screener. Let's explore several standout options from the results in the screener. Simply Wall St Financial Health Rating: ★★★★★☆ Overview: Gulf Pharmaceutical Industries P.S.C., along with its subsidiaries, operates in the manufacturing and sale of medicines, drugs, and various pharmaceutical, cosmetic, and medical compounds across the United Arab Emirates, other GCC countries, and internationally with a market cap of AED1.59 billion. Operations: The company's revenue is primarily derived from its Manufacturing segment, which generated AED864.9 million, and its Planet segment, contributing AED732.9 million. Market Cap: AED1.59B Gulf Pharmaceutical Industries P.S.C. has demonstrated significant financial improvement, becoming profitable over the past year with a net income of AED 140.9 million in Q1 2025, up from AED 1.9 million the previous year. The company maintains strong short-term asset coverage over both its short and long-term liabilities, and its debt is well managed with a satisfactory net debt to equity ratio of 4.8%. Despite low return on equity at 2.4%, earnings quality remains high, supported by stable weekly volatility and reduced debt levels from previous years, reflecting prudent financial management amidst growing revenues forecasted at 6.91% annually. Get an in-depth perspective on Gulf Pharmaceutical Industries P.S.C's performance by reading our balance sheet health report here. Understand Gulf Pharmaceutical Industries P.S.C's earnings outlook by examining our growth report. Simply Wall St Financial Health Rating: ★★★★☆☆ Overview: Sinpas Gayrimenkul Yatirim Ortakligi, originally established as Sinpas Insaat in 2006 and transformed into a Real Estate Investment Partnership in 2007, operates in the real estate sector with a market capitalization of TRY15.08 billion. Operations: The company generates revenue of TRY13.44 billion from its residential real estate developments segment. Market Cap: TRY15.08B Sinpas Gayrimenkul Yatirim Ortakligi has shown impressive earnings growth, with a 210.1% increase over the past year, outpacing its five-year average of 33.4%. The company's debt management is robust, evidenced by a net debt to equity ratio of 11.1%, and its operating cash flow comfortably covers debt obligations at 33.3%. However, interest coverage remains a concern at only 2.3 times EBIT. Despite large one-off gains impacting recent financial results and declining profit margins from last year, the company trades at an attractive price-to-earnings ratio of 2.9x compared to the broader market's 19.1x. Dive into the specifics of Sinpas Gayrimenkul Yatirim Ortakligi here with our thorough balance sheet health report. Examine Sinpas Gayrimenkul Yatirim Ortakligi's past performance report to understand how it has performed in prior years. Simply Wall St Financial Health Rating: ★★★★★★ Overview: Alarum Technologies Ltd. offers web data collection solutions across multiple regions including the Americas, Europe, Southeast Asia, the Middle East, and Africa, with a market cap of ₪195.88 million. Operations: Alarum Technologies generates revenue from web data collection ($30.91 million), advertising services ($0.04 million), and consumer internet access ($0.87 million). Market Cap: ₪195.88M Alarum Technologies, with a market cap of ₪195.88 million, has demonstrated profitability with earnings of US$5.78 million for 2024, rebounding from a previous net loss. Its revenue streams are diversified across web data collection and consumer internet access. The company's debt management is strong, with cash exceeding total debt and operating cash flow covering debt by over 900%. However, the stock remains highly volatile and faces legal challenges due to a class action lawsuit in the U.S., which could impact investor sentiment despite its solid financial footing and high return on equity at 21.9%. Unlock comprehensive insights into our analysis of Alarum Technologies stock in this financial health report. Assess Alarum Technologies' future earnings estimates with our detailed growth reports. Access the full spectrum of 93 Middle Eastern Penny Stocks by clicking on this link. Ready For A Different Approach? Trump has pledged to "unleash" American oil and gas and these 22 US stocks have developments that are poised to benefit. 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:JULPHAR IBSE:SNGYO and TASE:ALAR. This article was originally published by Simply Wall St. 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
Yahoo
19-05-2025
- Business
- Yahoo
3 Middle Eastern Dividend Stocks To Consider With Up To 7.0% Yield
As Gulf bourses experience a mixed performance with investors seeking new catalysts amid fading optimism over the U.S.-China trade agreement, dividend stocks in the Middle East remain an attractive option for those looking to secure steady income. In such fluctuating markets, selecting stocks that offer reliable dividends can provide a cushion against volatility while potentially enhancing overall portfolio returns. Name Dividend Yield Dividend Rating Turkiye Garanti Bankasi (IBSE:GARAN) 3.87% ★★★★★☆ Emaar Properties PJSC (DFM:EMAAR) 7.49% ★★★★★☆ Anadolu Hayat Emeklilik Anonim Sirketi (IBSE:ANHYT) 7.27% ★★★★★☆ National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK) 7.69% ★★★★★☆ Riyad Bank (SASE:1010) 6.22% ★★★★★☆ Arab National Bank (SASE:1080) 5.99% ★★★★★☆ Saudi Awwal Bank (SASE:1060) 5.74% ★★★★★☆ Saudi National Bank (SASE:1180) 5.69% ★★★★★☆ Saudi Telecom (SASE:7010) 9.78% ★★★★★☆ Delek Group (TASE:DLEKG) 8.25% ★★★★★☆ Click here to see the full list of 75 stocks from our Top Middle Eastern Dividend Stocks screener. We're going to check out a few of the best picks from our screener tool. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: Gulf Medical Projects Company (PJSC) operates hospitals in the United Arab Emirates and has a market cap of AED 1.50 billion. Operations: Gulf Medical Projects Company (PJSC) generates revenue primarily through the management of hospitals in the United Arab Emirates. Dividend Yield: 7.0% Gulf Medical Projects Company (PJSC) recently reported a rise in Q1 earnings, with net income increasing to AED 22.47 million. The company declared cash dividends totaling AED 104.84 million, yet its high payout ratio of 125.6% indicates dividends are not well covered by earnings, although cash flows provide some coverage at a 73.1% ratio. Despite offering a competitive yield of 7.01%, the dividend history has been volatile and unreliable over the past decade. Click here and access our complete dividend analysis report to understand the dynamics of Gulf Medical Projects Company (PJSC). Our comprehensive valuation report raises the possibility that Gulf Medical Projects Company (PJSC) is priced lower than what may be justified by its financials. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: Al Rajhi Banking and Investment Corporation, along with its subsidiaries, offers banking and investment services both within Saudi Arabia and internationally, with a market cap of SAR391.20 billion. Operations: Al Rajhi Banking and Investment Corporation generates revenue from its Retail Segment (SAR18.59 billion), Treasury Segment (SAR4.85 billion), Corporate Segment (SAR6.79 billion), and Investment Services, Brokerage, and Other Segments (SAR1.58 billion). Dividend Yield: 3% Al Rajhi Banking and Investment's dividend history shows volatility over the past decade, though dividends are currently covered by earnings with a payout ratio of 53.8% and forecasted to remain sustainable. Despite a lower yield of 3.01% compared to top-tier payers, recent financial performance is strong, with Q1 net income rising to SAR 5.91 billion from SAR 4.40 billion year-on-year, supporting its capacity for future dividend distributions amidst revenue growth forecasts of 12.72% annually. Click here to discover the nuances of Al Rajhi Banking and Investment with our detailed analytical dividend report. Our comprehensive valuation report raises the possibility that Al Rajhi Banking and Investment is priced higher than what may be justified by its financials. Simply Wall St Dividend Rating: ★★★★★☆ Overview: Palram Industries (1990) Ltd specializes in the manufacturing and sale of thermoplastic sheets, panel systems, and finished products both in Israel and internationally, with a market cap of ₪2.07 billion. Operations: Palram Industries (1990) Ltd generates revenue through its PVC sector at ₪445.89 million, polycarbonate sector at ₪984.33 million, home finished products sector at ₪263.28 million, and sales and display stands sector at ₪197.96 million. Dividend Yield: 6.3% Palram Industries offers a dividend yield of 6.28%, placing it in the top tier of payers in the IL market. While dividends are covered by earnings (payout ratio: 56.2%) and cash flows (cash payout ratio: 69.4%), their history is marked by volatility, with significant annual drops over the past decade. Recent financial results show improved performance, with net income rising to ILS 231.69 million from ILS 164.34 million year-on-year, potentially supporting future dividends despite past unreliability. Unlock comprehensive insights into our analysis of Palram Industries (1990) stock in this dividend report. In light of our recent valuation report, it seems possible that Palram Industries (1990) is trading beyond its estimated value. Investigate our full lineup of 75 Top Middle Eastern Dividend Stocks right here. Are any of these part of your asset mix? Tap into the analytical power of Simply Wall St's portfolio to get a 360-degree view on how they're shaping up. Simply Wall St is a revolutionary app designed for long-term stock investors, it's free and covers every market in the world. 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:GMPC SASE:1120 and TASE:PLRM. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Zawya
15-05-2025
- Business
- Zawya
Mideast Stocks: Major Gulf markets varied as oil oversupply fears loom
Saudi Arabia's benchmark stock index ended slightly lower on Thursday, weighed down by a fall in oil prices on expectations for a U.S.-Iran nuclear deal, while a surprise build in U.S. crude oil inventories last week heightened investor concerns about oversupply. Oil prices are a catalyst for the Gulf's financial markets. Brent crude futures were down $1.98, or 3%, to $64.11 a barrel at 1217 GMT. Earlier this week, investors were met with a wave of optimistic developments — from a breakthrough in the U.S.-China trade tensions to a series of high-profile investment agreements in the Middle East during U.S. President Donald Trump's Gulf visit. But the enthusiasm faded on Thursday, with MSCI's broadest index of Asia-Pacific shares outside Japan inching 0.15% lower and Wall Street futures 0.5% weaker. However, performance across Gulf stocks varied on Thursday. A 10% drop in construction material maker Zamil Industrial dragged Saudi Arabia's benchmark index lower by 0.41%. Dubai's main share index closed up 0.73%, supported by a 4.6% jump in toll gates operator Salik Company. In Abu Dhabi, the benchmark index settled up 0.04%, while Qatar's benchmark stock index closed down 0.18%. Outside the Gulf, Egypt's blue-chip index, extended gains to a fourth straight session, closing up 0.36%. down 0.41% SAUDI ARABIA to 11,485.05 rose ABU DHABI 0.04% to 9,625.19 rose 0.73% DUBAI to 5,398.77 down 0.18% QATAR to 10,574.59 up 0.36% EGYPT to 31,941.15 rose 0.03% BAHRAIN to 1,920.771 rose 0.30% OMAN to 4,410.22 rose 0.02% KUWAIT to 8,756.47 (Reporting by Chandini Monnappa and Rishab Shaju in Bengaluru; Editing by Shailesh Kuber)
