Analysts name 2 ASX dividend shares to buy now

These dividend shares could be buys

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If you're looking for dividends shares with good yields, then you may want to look at the ones listed below.

Here's why analysts rate these dividend shares as buys:

Accent Group Ltd (ASX: AX1)

The first ASX dividend share to look at is this footwear focused retailer. It is the company behind a growing collection of popular brands including HYPEDC, Stylerunner, and The Athlete's Foot.

Accent's shares have been hammered this year due to being impacted significantly by COVID lockdowns. For example, its recent half year results revealed a 72% decline in net profit after tax to $14.8 million.

The good news is that these impacts are only expected to be temporary, which could make the recent share price weakness a buying opportunity for patient income investors.

The team at Bell Potter remains positive on Accent and retained its buy rating and $2.75 price target this week. As for dividends, it is expecting fully franked dividends per share of 5.8 cents in FY 2022 and then 10.9 cents in FY 2023.

Based on the current Accent share price of $2.07, this will mean yields of 2.8% and 5.3%, respectively.

Charter Hall Long WALE REIT (ASX: CLW)

Another dividend share to look at is the Charter Hall Long Wale REIT. It manages a wide range of listed and unlisted property funds for institutional and retail investors with a focus on office, industrial, and retail sectors.

Charter Hall Long Wale REIT also recently added to its portfolio with the acquisition of ALE Property with Hostplus for ~$1.7 billion. This adds ~78 hotel properties across the five mainland states that are all leased to ALH Group, which is part of Endeavour Group Ltd (ASX: EDV).

Citi is a fan of Charter Hall Long Wale REIT. It currently has a buy rating and $5.71 price target on its shares.

The broker is also forecasting dividends per share of 30.8 cents in FY 2022 and 30.9 cents in FY 2023. Based on the current Charter Hall Long Wale REIT share price of $5.05, this will mean yields of ~6.1%.

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 recommended Accent Group. 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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