Here are 2 ASX dividend shares to buy right now according to experts

Here are a couple of top dividend shares that could be buys…

| 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 dividends shares to buy with attractive yields, then you may want to look at the two listed below.

Here's why analysts rate these dividend shares highly:

A man and woman sit next to each other looking at each other and feeling excited and surprised after reading good news about their shares on a laptop.

Image source: Getty Images

Charter Hall Long WALE REIT (ASX: CLW)

Charter Hall Long Wale REIT could be an ASX dividend share to buy. It is a property company with a focus on office, industrial, and retail sectors.

Its portfolio includes 78 hotel properties leased to ALH Group that were acquired from ALE Property with Hostplus for ~$1.7 billion earlier this year. Staying true to its name, this brought the company's lengthy weighted average lease expiry (WALE) to 12.2 years.

One broker that is particularly positive on Charter Hall Long Wale REIT is Ord Minnett. It currently has an accumulate rating and $5.46 price target on its shares.

As for dividends, the broker is forecasting dividends per share of 30 cents in FY 2022 and 29 cents in FY 2023. Based on the current Charter Hall Long Wale REIT share price of $4.39, this will mean yields of 6.8% and 6.6%, respectively.

Telstra Corporation Ltd (ASX: TLS)

This telco giant could be a top option for income investors now that the tide is finally turning for its earnings.

After years of battling lost earnings from the NBN rollout, the company now has growth in its sights at long last.

In fact, after resetting the business with the transformational T22 strategy, the impending T25 is aiming to drive solid and sustainable growth. This could bode well for dividends in the coming years and could even mean the first dividend increase in almost a decade isn't too far away.

But for now, the team at Morgans continues to forecast fully franked dividends per share of 16 cents in both FY 2022 and FY 2023. Based on the current Telstra share price of $3.98, this will mean yields of 4.1%.

Morgans also sees a lot of value in Telstra share price with its add rating and $4.56 price target on its shares.

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 Telstra Corporation Limited. 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

ETF written in white on a multi coloured background.
Dividend Investing

Why I'd buy these 2 ASX ETFs for $10,000 a year in passive income

These two ASX ETFs provide a diversified means to earning a $10,000 yearly passive income.

Read more »

Woman holding $50 and $20 notes.
Dividend Investing

8 ASX shares going ex-dividend next week

Commonwealth Bank, Resmed, and AMP are among the ASX shares with ex-dividend dates next week.

Read more »

Woman relaxing on her phone on her couch, symbolising passive income.
Dividend Investing

Why I'd buy Telstra and these ASX dividend shares for passive income

These shares offer the type of qualities I would want from passive income investments.

Read more »

Close-up of a business man's hand stacking gold coins into piles on a desktop.
Dividend Investing

2 ASX dividend shares I'd buy today for passive income

These ASX dividend shares can deliver a strong passive income investors.

Read more »

Australian notes and coins symbolising dividends.
Communication Shares

Everything you need to know about the Telstra dividend

Owners of Telstra shares can look forward to another good dividend.

Read more »

A bland looking man in a brown suit opens his jacket to reveal a red and gold superhero dollar symbol on his chest.
Bank Shares

Revealed: The ASX bank share with the highest dividend yield today

The highest-yielding bank right now might surprise you.

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

134,814 shares of this high-yield ASX dividend stock pays an income equal to the Age Pension

I’d say this ASX stock is more appealing than the Age Pension.

Read more »

A man in a sweatshirt holds two different phones to compare telco services.
Dividend Investing

How many Telstra shares do I need to buy to generate $10,000 in passive income?

Telstra pays two fully-franked dividends per year.

Read more »