2 high quality ASX dividend shares with attractive yields

Here are two dividend shares with great yields…

If you're interested in buying some dividend shares in the near future, then you may want to look at the two listed below.

These dividend shares have been tipped both as buys and as generous dividend payers by analysts. Here's what they are saying about them:

A sophisticated older lady with shoulder-length grey hair and glasses sits on her couch laughing while looking at her phone

Image source: Getty Images

Centuria Industrial Reit (ASX: CIP)

Centuria Industrial could be a top option for income investors. It is the largest domestic pure play industrial REIT, with a portfolio of high-quality assets situated in key metropolitan locations throughout Australia.

The company also recently added to this portfolio with the acquisition of eight freehold urban infill industrial assets for $351.3 million. Management was very positive on the transaction, noting that it expands Centuria Industrial's exposure across attractive industrial sub-sectors. These include distribution centres, cold storage, and transport logistics.

Macquarie is very positive on the company and has an outperform rating and $4.22 price target on its shares. The broker is also forecasting a 17.3 cents per share distribution in FY 2022 and an 18.4 cents per share distribution in FY 2023. 

Based on the current Centuria Industrial share price of $3.73, this will mean yields of 4.6% and 4.9%, respectively

Charter Hall Social Infrastructure REIT (ASX: CQE)

Charter Hall Social Infrastructure REIT could be another ASX dividend share to buy. This real estate investment trust focuses on investing in social infrastructure properties such as childcare centres, government sites, and healthcare buildings. 

It also recently added some new properties to its portfolio. The REIT acquired two premium childcare assets in Queensland and a healthcare property owned by Healius Ltd (ASX: HLS) for a total of $58.4 million.

In response to the deal, Goldman Sachs retained its conviction buy rating, increased its price target to $3.91, and lifted its FY 2022 dividend estimate to 16.9 cents per share. Goldman then expects the latter to grow to ~17.7 cents per share in FY 2023.

Based on the current Charter Hall Social Infrastructure REIT share price of $3.68, this implies dividend yields of 4.6% and 4.8%, respectively, for investors.

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

More on Dividend Investing

Watering can pouring water on increasing piles of coins with green plants on them and a piggy bank and coins on the table.
Dividend Investing

$4,000 buys 2,453 shares in an impressively reliable ASX dividend stock

This could be one of the right buys with $4,000…

Read more »

Numerous Australian dollar notes laid out.
Dividend Investing

How I'd build a $50,000 ASX200 dividend portfolio paying more than a term deposit

If you're searching for income, take a look at these stocks.

Read more »

Two plants grow in jars filled with coins.
Dividend Investing

With interest rates at 18-year highs, this ASX income stock is a no-brainer

High interest rates have changed the income game.

Read more »

Man holding out Australian dollar notes, symbolising dividends.
Dividend Investing

3 ASX dividend shares I'd buy with 6%+ yields

Here are three shares for income investors to check out this month.

Read more »

Happy wife holding her hands on her husband's shoulders while both look at a laptop.
Dividend Investing

Should you buy Coles shares and this ASX dividend stock?

Let's see what these shares offer income investors this month.

Read more »

Man holding Australian dollar notes, symbolising dividends.
Dividend Investing

I'd buy 24,272 shares of this ASX stock to build a $2,500 per year second income

This ASX stock is paying a significant dividend yield to investors.

Read more »

Senior couple enjoying each other's company while walking on the beach.
Dividend Investing

3 of the best ASX dividend shares for income investors in November

Income investors might want to get better acquainted with these shares.

Read more »

Australian dollar notes in the pocket of a man's jeans, symbolising dividends.
Dividend Investing

2 ASX shares paying a dividend yield of more than 7%

If you're searching for income, these shares might be worth a look.

Read more »