Analysts name 2 ASX dividend shares with great yields to buy now

These dividend shares could be buys

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

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

Charter Hall Long WALE REIT (ASX: CLW)

The first ASX dividend share that could be a buy 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. This includes 78 hotel properties across the five mainland states leased to ALH Group that were acquired from ALE Property with Hostplus for ~$1.7 billion recently.

The team at Citi is very positive on the Charter Hall Long Wale REIT. Its analysts currently have a buy rating and $5.71 price target on its shares.

As for dividends, the broker is 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 $5.34, this will mean yields of ~5.8%.

Telstra Corporation Ltd (ASX: TLS)

Another dividend share that could be in the buy zone is telco giant Telstra.

It returned to underlying earnings growth for the first time in years during the first half of FY 2022 thanks to the success of its T22 strategy.

But Telstra isn't settling for this. It will shortly commence its T25 strategy, which has been designed to deliver solid and sustainable earnings growth over the coming years.

This has gone down well with the team at Morgans, which has put an add rating and $4.56 price target on the company's shares.

In addition, the broker continues to forecast fully franked dividends per share of 16 cents in FY 2022 and FY 2023. Which, based on the current Telstra share price of $3.97, will mean attractive yields of 4% 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 positions in and has recommended Telstra Corporation Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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