Analysts name 2 ASX dividend shares to buy with juicy yields

These dividend shares offer investors attractive yields…

| More on:

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:

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

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 fifty Australian Dollar banknotes in his hands, symbolising dividends.
Dividend Investing

2 ASX dividend shares with yields above 6%

I like these stocks for the dividend yields on offer.

Read more »

Happy young couple saving money in piggy bank.
Dividend Investing

How much passive income can I earn off a $50,000 portfolio?

You don't need to have a million-dollar portfolio to earn consistent passive income.

Read more »

Smiling woman with her head and arm on a desk holding $100 notes, symbolising dividends.
Dividend Investing

How to build a successful ASX dividend portfolio

The right mix of ASX dividend shares can help investors build income without relying on one sector.

Read more »

An older gentleman leans over his partner's shoulder as she looks at a tablet device while seated at a table.
Dividend Investing

3 of the best ASX dividend stocks to supplement your superannuation

These are some of the most consistent passive income providers.

Read more »

Hand with Australian dollar notes handing the money to another hand symbolising ex-dividend date.
Dividend Investing

2 ASX shares with dividend yields above 9.5%

These businesses offer enormous dividend yields.

Read more »

A woman holds her empty unzipped wallet upside down and dips her head to look under it to see if any money falls out of it.
Financial Shares

Buying AMP shares? Here's the dividend yield you'll get today

Does AMP measure up when it comes to income?

Read more »

Man holding Australian dollar notes, symbolising dividends.
Financial Shares

This fund's 75% return smashed its benchmark, and it's celebrating with a special dividend

It's been a record year for this well-known fund.

Read more »

Hand holding Australian dollar (AUD) bills, symbolising ex dividend day. Passive income.
Dividend Investing

This 10% dividend yield stock is one I'm comfortable holding for the long-term

This business is very appealing for dividends.

Read more »