2 excellent ASX dividend shares that experts rate as buys this week

Here are two ASX dividend shares to buy now…

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Are you looking for some dividend shares to add to your income portfolio? If you are, then the two listed below could be worth considering.

These dividend shares have been rated as buys and tipped to provide investors with attractive yields. Here's why analysts are positive on them:

asx dividend shares represented by tree made entirely of money

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Charter Hall Social Infrastructure REIT (ASX: CQE)

The first ASX dividend share for investors to consider is the Charter Hall Social Infrastructure REIT.

It is a real estate investment trust with a focus on social infrastructure properties which have specialist use, limited competition, and low substitution risk. These properties are in great demand from end users. So much so, the company currently boasts a 100% occupancy rate.

This strong demand underpinned a $101.5 million or 5.6% increase in the valuations of its properties this week.

Goldman Sachs is very positive on the company's future. So much so, it currently has a conviction buy rating and $4.24 price target on its shares.

It is also forecasting growing dividends per share of 17.2 cents in FY 2022 and 18.3 cents in FY 2023. Based on its current share price of $3.54, this implies yields of 4.9% and 5.2%, respectively.

Coles Group Ltd (ASX: COL)

Coles could be another ASX dividend share to buy right now.

This supermarket giant could be a top option due to its defensive qualities, strong market position, solid long term growth prospects, and positive exposure to rising inflation.

Management is also busy working hard on the company's refreshed strategy, which is focusing on cutting costs with automation and efficiencies. This is expected to boost margins and support its earnings and dividend growth over the next decade.

Citi is very positive on the company. It currently has a buy rating and $19.30 price target on its shares. The broker is also forecasting fully franked dividends of 63 cents per share in FY 2022 and then 72 cents per share in FY 2023.

Based on the latest Coles share price of $17.92, this will mean yields of 3.5% and 4%, respectively, over the next two financial years.

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 COLESGROUP DEF SET. 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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