Amid recent geopolitical developments, Middle Eastern stock markets have experienced a notable upswing, buoyed by the Iran-Israel ceasefire that has improved investor sentiment and risk appetite. In this environment, dividend stocks stand out as attractive options for investors seeking steady income streams, with Abu Dhabi Commercial Bank PJSC and two other prominent companies offering compelling opportunities in the region.
Saudi Telecom (SASE:7010) | 9.84% | ★★★★★☆ |
Saudi National Bank (SASE:1180) | 5.67% | ★★★★★☆ |
Saudi Awwal Bank (SASE:1060) | 6.13% | ★★★★★☆ |
Riyad Bank (SASE:1010) | 6.47% | ★★★★★☆ |
National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK) | 7.41% | ★★★★★☆ |
Emirates NBD Bank PJSC (DFM:EMIRATESNBD) | 4.45% | ★★★★★☆ |
Emaar Properties PJSC (DFM:EMAAR) | 7.46% | ★★★★★☆ |
Commercial Bank of Dubai PSC (DFM:CBD) | 5.91% | ★★★★★☆ |
Arab National Bank (SASE:1080) | 6.07% | ★★★★★☆ |
Anadolu Hayat Emeklilik Anonim Sirketi (IBSE:ANHYT) | 7.80% | ★★★★★☆ |
Click here to see the full list of 73 stocks from our Top Middle Eastern Dividend Stocks screener.
Let's uncover some gems from our specialized screener.
★★★★☆☆
Abu Dhabi Commercial Bank PJSC, along with its subsidiaries, offers a range of banking products and services both in the United Arab Emirates and internationally, with a market capitalization of AED91.77 billion.
Abu Dhabi Commercial Bank PJSC generates revenue through several segments, including Retail Banking (AED4.88 billion), Investments and Treasury (AED4.89 billion), and Corporate and Investment Banking (AED7.24 billion).
4.7%
Abu Dhabi Commercial Bank PJSC's dividend prospects are supported by a low payout ratio of 47.5%, indicating dividends are well covered by earnings. However, its dividend yield of 4.7% is below the top quartile in the AE market and has been volatile over the past decade, making it less reliable for consistent income. Despite this, recent earnings growth and a P/E ratio of 10.1x suggest potential value for investors seeking both growth and dividends in their portfolio.
★★★★★☆
Overview: Emirates NBD Bank PJSC, along with its subsidiaries, offers a range of corporate, institutional, retail, treasury, and Islamic banking services and has a market capitalization of AED141.81 billion.
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