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.