Analysts name 2 ASX dividend shares to buy with juicy yields

These dividend shares offer investors attractive yields…

| More on:
A female CSL investor looking happy holds a big fan of Australian cash notes in her hand representing strong dividends being paid to her

Image source: Getty Images

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

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

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

Bank of Queensland Limited (ASX: BOQ)

The first ASX dividend share that could be a top option is Bank of Queensland.

This regional bank has been tipped as a buy by analysts at Morgans. In fact, they "see exceptional value" in its shares at the current level. Particularly given the success of its transformation program, its above-system growth, and cost synergies from the recent ME Bank acquisition.

The broker currently has an add rating and $11.00 price target on its shares. This compares favourably to the latest Bank of Queensland share price of $7.50.

As for dividends, Morgans is forecasting fully franked dividends per share of 49 cents in FY 2022 and then 54 cents per share in FY 2023. This implies yields of 6.5% and 7.2%, respectively.

Dexus Industria REIT (ASX: DXI)

Another ASX dividend share that has been rated as a buy is Dexus Industria.

This industrial and office focused property company, formerly known as APN Industria, owns interests in office and industrial properties across the country.

Macquarie is bullish on Dexus Industria due to strong demand and its sizeable industrial development pipeline. It expects this to underpin attractive dividends in the near term.

For example, Macquarie is forecasting dividends per share of 17.3 cents in FY 2022 and 18.6 cents in FY 2023. Based on the latest Dexus Industria share price of $3.12, this will mean yields of 5.5% and 6%, respectively.

Macquarie also sees plenty of upside of the company's shares and has an outperform rating and $3.59 price target on them.

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 Scott Phillips.

More on Dividend Investing

Man holding out Australian dollar notes, symbolising dividends.
ETFs

Here's the current ASX dividend yield on the Vanguard Australian Shares ETF (VAS)

How much passive income can one expect from this popular index fund?

Read more »

A man in a suit smiles at the yellow piggy bank he holds in his hand.
Dividend Investing

NAB stock: Should you buy the 4.7% yield?

Do analysts think this banking giant is a buy for income investors?

Read more »

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

The smartest ASX dividend shares to buy with $500 right now

Analysts have put buy ratings on these shares for a reason.

Read more »

Woman calculating dividends on calculator and working on a laptop.
Dividend Investing

1 ASX dividend stock down 17% to buy right now

Analysts see a lot of value and big dividend yields in this beaten down stock.

Read more »

Excited woman holding out $100 notes, symbolising dividends.
Dividend Investing

3 high-yield ASX 300 dividend stocks to buy for your income portfolio

Analysts expect big dividend yields from these buy-rated shares.

Read more »

A golfer celebrates a good shot at the tee, indicating success.
Dividend Investing

These ASX dividend winners keep giving investors a pay rise

These stocks have built an impressive consecutive dividend growth streak.

Read more »

a man in a business shirt and tie takes a wide leap over a large steel trap with jagged teeth that is place directly underneath him.
Dividend Investing

3 ASX value traps I wouldn't buy for dividends right now

I'd stay away from these shares if you don't want a nasty dividend surprise.

Read more »

Smiling woman holding Australian dollar notes in each hand, symbolising dividends.
Dividend Investing

2 ASX passive income shares paying 8% and 13% yields

I think both these high yielding ASX dividend stocks offer long-term passive income potential.

Read more »