Middle Eastern Dividend Stocks To Watch In May 2026

The Middle Eastern stock markets have been experiencing a retreat, particularly in the Gulf region, as ongoing deadlocked U.S.-Iran talks and geopolitical tensions continue to weigh on investor sentiment. Amid this backdrop of uncertainty, dividend stocks can offer a measure of stability and income potential for investors seeking resilience in their portfolios.

Top 10 Dividend Stocks In The Middle East

Click here to see the full list of 57 stocks from our Top Middle Eastern Dividend Stocks screener.

Let’s review some notable picks from our screened stocks.

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

Overview: Enka Insaat ve Sanayi A.S., along with its subsidiaries, is involved in construction activities and has a market capitalization of TRY616.76 billion.

Operations: Enka Insaat ve Sanayi A.S. generates revenue from several segments, including Construction (TRY105.99 billion), Energy (TRY26.58 billion), Real Estate Leasing (TRY15.80 billion), and Trade (TRY12.15 billion).

Dividend Yield: 3.2%

Enka Insaat ve Sanayi’s dividend yield of 3.17% ranks in the top 25% of Turkish dividend payers, yet its dividends have been volatile and not consistently growing over the past decade. The company’s recent earnings report shows a decline in net income to US$78.32 million from US$106.75 million year-over-year, raising concerns about sustainability given a high cash payout ratio of 109.9%. Despite this, its price-to-earnings ratio is favorable compared to the market average.

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

Overview: Logo Yazilim Sanayi ve Ticaret A.S. develops and markets software solutions both in Turkey and internationally, with a market cap of TRY15.87 billion.

Operations: Logo Yazilim Sanayi ve Ticaret A.S. generates revenue primarily from the software industry, amounting to TRY5.80 billion.

Dividend Yield: 3.2%

Logo Yazilim Sanayi ve Ticaret offers a compelling dividend profile, with a yield of 3.15% placing it in the top 25% of Turkish payers. Despite only five years of dividend history, payments have been stable and growing, supported by a low payout ratio of 37.8%. The company’s earnings surged to TRY 1.50 billion from TRY 460.56 million year-over-year, enhancing dividend sustainability with strong cash flow coverage at a cash payout ratio of 43.1%.

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

Overview: F.I.B.I. Holdings Ltd serves as the holding company for The First International Bank of Israel Ltd and has a market cap of ₪11.27 billion.

Operations: F.I.B.I. Holdings Ltd generates revenue from various segments including Israel – Medium Business (₪435 million), Households-Other (₪2.57 billion), Large Enterprises (₪919 million), Financial Management (₪218 million), Households-Credit Cards (₪129 million), Institutional Investors (₪542 million), Private Banking – Other (₪260 million), Households-Housing Loans (₪435 million), and Small and Micro Businesses (₪1.40 billion).

Dividend Yield: 5.1%

F.I.B.I. Holdings offers a dividend yield of 5.1%, ranking in the top 25% of Israeli payers, with dividends covered by earnings due to a payout ratio of 52.8%. However, its dividend history is marked by volatility and unreliability over the past decade, including annual drops exceeding 20%. Recent earnings reported net income at ILS 1.09 billion for 2025, slightly down from ILS 1.14 billion in the previous year.

Taking Advantage

Seeking Other Investments?

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:ENKAI IBSE:LOGO and TASE:FIBIH.

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