Middle Eastern Dividend Stocks Featuring Saudia Dairy & Foodstuff And Two More

Simply Wall St

Fri, February 13, 2026 at 12:31 PM GMT+9 4 min read

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2270.SR

-5.93%

FTCFF

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YGGYO.IS

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1060.SR

+1.05%

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As most Gulf bourses experience gains driven by upbeat earnings, the Middle Eastern stock market is showing resilience amid fluctuating geopolitical tensions and economic conditions. In this environment, dividend stocks like Saudia Dairy & Foodstuff offer attractive opportunities for investors seeking stable returns, with a focus on consistent earnings performance and potential for growth.

Top 10 Dividend Stocks In The Middle East

Click here to see the full list of 50 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.

Saudia Dairy & Foodstuff

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

Overview: Saudia Dairy & Foodstuff Company, along with its subsidiaries, is engaged in the production and distribution of dairy products, beverages, and various foodstuffs across the Kingdom of Saudi Arabia, Poland, and other Gulf and Arab countries with a market cap of SAR7.05 billion.

Operations: Saudia Dairy & Foodstuff Company’s revenue is derived from two main segments: Beverages, contributing SAR1.66 billion, and Non-Beverages, accounting for SAR1.47 billion.

Dividend Yield: 7.7%

Saudia Dairy & Foodstuff’s dividends have been stable and reliable over the past decade, with a yield of 7.71%, placing it in the top 25% of dividend payers in the Saudi market. However, this high yield is not well supported by earnings or cash flows, as indicated by a payout ratio of 104.5% and a cash payout ratio of 201.1%. Recent earnings showed slight sales growth to SAR 2.999 billion but a marginal decline in net income to SAR 477.39 million for 2025.

Delve into the full analysis dividend report here for a deeper understanding of Saudia Dairy & Foodstuff.

Our valuation report here indicates Saudia Dairy & Foodstuff may be overvalued.

SASE:2270 Dividend History as at Feb 2026

Saudi Telecom

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

Overview: Saudi Telecom Company, along with its subsidiaries, offers telecommunications, information, media, and digital payment services both in Saudi Arabia and internationally with a market cap of SAR223.44 billion.

Story Continues  

Operations: Saudi Telecom Company’s revenue segments include Saudi Telecom Company at SAR50.77 billion, Channels at SAR14.71 billion, Solutions at SAR12.55 billion, STC Kuwait at SAR4.19 billion, STC Bahrain BSC © at SAR1.99 billion, Center3 at SAR1.98 billion, Sirar at SAR0.85 billion, STC Bank at SAR1.37 billion, Specialized at SAR0.36 billion, Iot services contributing SAR0.30 million and SCCC with revenues of SAR0.23 million.

Dividend Yield: 9.4%

Saudi Telecom’s dividends have been stable and reliable over the past decade, with a yield of 9.38%, ranking it among the top 25% in the Saudi market. However, this high yield is not well supported by earnings or cash flows, reflected in a payout ratio of 92.4% and a cash payout ratio of 241.9%. Recently, stc completed an international sukuk offering totaling US$2 billion to bolster financial flexibility amid ongoing operational enhancements.

Dive into the specifics of Saudi Telecom here with our thorough dividend report.

The valuation report we've compiled suggests that Saudi Telecom's current price could be inflated.

SASE:7010 Dividend History as at Feb 2026

FMS Enterprises Migun

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 ₪2.26 billion.

Operations: FMS Enterprises Migun Ltd generates revenue from its Aerospace & Defense segment, which amounted to $120.37 million.

Dividend Yield: 6.8%

FMS Enterprises Migun’s dividend yield of 6.8% ranks in the top 25% of IL market payers, but its sustainability is questionable due to a high payout ratio of 115.8% and cash payout ratio of 317.5%. Despite stable dividends over the past decade, earnings and cash flows do not adequately cover payments. Recent financials show a slight decline in sales but improved net income for Q3 2025, reflecting some operational resilience amidst dividend concerns.

Get an in-depth perspective on FMS Enterprises Migun's performance by reading our dividend report here.

Our expertly prepared valuation report FMS Enterprises Migun implies its share price may be too high.

TASE:FBRT Dividend History as at Feb 2026

Where To Now?

Take a closer look at our Top Middle Eastern Dividend Stocks list of 50 companies by clicking here.

Are these companies part of your investment strategy? Use Simply Wall St to consolidate your holdings into a portfolio and gain insights with our comprehensive analysis tools.

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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 SASE:2270 SASE:7010 and TASE:FBRT.

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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