Are you looking for dividend shares to add to your income portfolio? Then the two listed below could be top options.
Here's why analysts rate these dividend shares highly:
Charter Hall Social Infrastructure REIT (ASX: CQE)
The first ASX dividend share for income investors to look at is the Charter Hall Social Infrastructure REIT.
This real estate investment trust is focused on investing in social infrastructure properties. This includes a growing number of childcare centres, government sites, and healthcare buildings. The latter includes healthcare property owned by Healius Ltd (ASX: HLS) that was acquired in FY 20222.
Goldman Sachs is a big fan of the company and has a conviction buy rating and $4.24 price target on its shares.
In respect to dividends, the broker is expecting a 17.2 cents per share dividend in FY 2022 and a 18.3 cents per share dividend in FY 2023. Based on the current Charter Hall Social Infrastructure REIT share price of $3.67, this implies a dividend yield of 4.7% and 5%, respectively, for investors.
DEXUS Property Group (ASX: DXS)
Another ASX dividend share to look at is Dexus. It is an Australian real estate company focused on office, industrial and retail properties.
LIke the Charter Hall Social Infrastructure REIT, it also continued to add to its high quality portfolio in FY 2022 with the acquisition of the Collimate RE and domestic infrastructure business from AMP Limited (ASX: AMP) and some industrial assets. The latter includes Jandakot Airport in Perth and a logistics centre leased to Australia Post. This appears to have left Dexus well-placed for growth in the coming years.
Ord Minnett is bullish and recently upgraded the company's shares to a buy rating with a $11.50 price target.
As for dividends, the broker is forecasting dividends per share of 53 cents in FY 2022 and 55 cents in FY 2023. Based on the latest Dexus share price of $9.34, this will mean yields of 5.7% and 5.9%, respectively.
