2 excellent ASX 200 dividend shares to buy now

Here are two dividend shares to buy in December…

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With interest rates still at very low levels, it continues to be a difficult period for income investors. The good news is there are plenty of ASX dividend shares that can help you overcome low rates in 2022.

Two such ASX 200 dividend shares to look at are listed below. Here's what you need to know about them:

ASX dividend shares represented by cash in jeans back pocket

Image source: Getty Images

Centuria Industrial Reit (ASX: CIP)

The first ASX 200 dividend share to look at is Centuria Industrial. It is the largest domestic pure play industrial REIT with a portfolio of high-quality industrial assets situated in key metropolitan locations throughout Australia and underpinned by a quality and diverse tenant base.

Management notes that its portfolio is well positioned with an 89% weighing to Australia's high performing eastern seaboard industrial markets and underpinned by a strong tenant base. In respect to its tenant base, almost two-thirds of portfolio income is derived from occupants directly linked to the production, packaging and distribution of consumer staples, telecommunications and pharmaceuticals.

Macquarie is a fan of the company. Its analysts are forecasting dividends per share of 17.3 cents in FY 2022 and 18.7 cents in FY 2023. Based on the current Centuria Industrial share price of $4.08 this will mean yields of 4.25% and 4.6%, respectively. Macquarie has an outperform rating and $4.16 price target on its shares.

Healius Ltd (ASX: HLS)

Another ASX 200 dividend share to look at is Healius. It is a healthcare company with a focus on pathology, diagnostic imaging, day hospitals, and IVF.

It is the company's COVID testing business that is firing on all cylinders at present. Extremely strong demand for testing services has been underpinning very strong sales and earnings. Pleasingly for Healius, this looks set to continue for the foreseeable future following the emergence of the Omicron strain.

The team at Morgans is very positive on Healius and is forecasting fully franked dividends per share of 23 cents in FY 2022 and 19 cents in FY 2023. Based on the current Healius share price of $5.37 this will mean yields of 4.3% and 3.5%, respectively. Morgans has an add rating and $5.79 price target on its shares.

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.

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