Analysts name 2 ASX 200 dividend shares to buy right now

Here are two ASX 200 dividend shares to buy….

If you're looking for ASX 200 dividend shares to buy, then the two listed below could be worth considering. Both have been named as buys by top brokers and tipped to provide investors with attractive yields.

Here's what you need to know about these ASX 200 dividend shares:

Australian dollar notes rolled into bundles.

Image source: Getty Images

Collins Foods Ltd (ASX: CKF)

The first ASX 200 dividend share to look at is quick service restaurant operator Collins Foods.

It is one of the largest operators of KFC restaurants in Australia, has a growing presence in Europe, and a smaller but growing network of Taco Bell restaurants across Australia.

The good news is that management still sees plenty of room for growth in both the Australian and European markets. Late last year, it highlighted that it has a significant organic growth pipeline and attractive opportunities to reach scale in KFC Netherlands and Taco Bell Australia, while adding to its core KFC Australia footprint.

Macquarie is fan of the company and currently has an outperform rating and $14.80 price target on its shares. As for dividends, it is forecasting fully franked dividends per share of 33.4 cents in FY 2022 and 37.7 cents in FY 2023.

Based on the current Collins Foods share price of $10.24, this will mean yields of 3.3% and 3.7%, respectively.

Wesfarmers Ltd (ASX: WES)

Another ASX 200 dividend share to look at is Wesfarmers.

It is the conglomerate behind a high quality portfolio of retail assets as well as a collection of industrial businesses and even a lithium miner.

Among its retail assets are some of the most popular brands in the country. These include Bunnings, Kmart, Officeworks, and Priceline Pharmacy.

Morgans is a fan of the conglomerate and notes that it is run by a highly regarded management team and has a strong balance sheet. The latter could be supportive of further M&A activity in the future. The broker has an add rating and $58.50 price target on its shares.

In respect to dividends, Morgans is forecasting fully franked dividends per share of $1.62 in FY 2022 and $1.81 in FY 2023. Based on the current Wesfarmers share price of $50.34, this will mean yields of 3.2% and 3.6%, respectively.

Motley Fool contributor James Mickleboro owns Collins Foods Limited. The Motley Fool Australia's parent company Motley Fool Holdings Inc. owns and has recommended Collins Foods Limited. The Motley Fool Australia owns and has recommended Wesfarmers Limited. The Motley Fool Australia has recommended Collins Foods Limited. 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

A man points at a paper as he holds an alarm clock, indicating the ex-dividend date is approaching.
Dividend Investing

10 ASX shares with ex-dividend dates next week

Harvey Norman, MFF Capital Investments, WAM Capital, and other stocks go ex-div next week.

Read more »

Smiling woman listening to music and using her phone.
Dividend Investing

AGL Energy vs Wesfarmers: Which share delivers better passive income?

AGL Energy offers a bigger franked dividend yield than Wesfarmers—here's which ASX stock I'd pick for passive income.

Read more »

Hand of a woman carrying a bag of money, representing the concept of saving money or earning dividends.
Dividend Investing

2 ASX passive income share ideas I'd use to generate $300 a month in 2027

These businesses are providing incredible dividend income.

Read more »

Mining vehicle at a mine site.
Dividend Investing

If I invest $10,000 in Fortescue shares, how much passive income could I earn in FY27?

Do you hold Fortescue shares in your portfolio?

Read more »

Piles of increasing coins on Australian $100 notes.
Dividend Investing

ASX ETF dividends: Global X reveals next payments

Own A300, ZYAU, BANK, or OZXX ETFs? Here's your next dividend.

Read more »

Person handing out $100 notes, symbolising ex-dividend date.
Dividend Investing

2 great ASX dividend share buys for passive income in October

I think these investments look incredible options for dividends.

Read more »

A group of businesspeople clapping.
Dividend Investing

Is this the best ASX dividend share to buy in October?

Bell Potter has good things to say about this income stock.

Read more »

Man using his device in an airport.
Dividend Investing

Down 17%, is this top ASX passive income stock a strong buy at its 52-week low?

I take a closer look at the dividend outlook after the shares fell heavily.

Read more »