Brokers name 2 ASX dividend shares to buy now

Here are two top dividend shares that brokers say are buys…

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Are you looking for some new dividend shares to buy? Good news, brokers have recently named these shares as buys.

Here's what they are saying about these ASX dividend shares:

Healthco Healthcare and Wellness REIT (ASX: HCW)

The first ASX dividend share to consider is Healthco Healthcare and Wellness REIT. It is a real estate investment trust with a mandate to invest in hospitals, aged care, childcare, life sciences and research, and primary care properties.

It could be a top option due to its exposure to a diversified portfolio underpinned by attractive megatrends and its aim of stable and growing distributions.

Goldman is bullish on the company and has a conviction buy rating and $2.08 price target on its shares. It recently said:

[T]he REIT remains one of our top picks in the sector given 1) its net cash position with over $450mn of liquidity, providing flexibility for near term opportunities, 2) its diversified mix of strong tenant covenants in sub-sectors that are majority government-backed across the care spectrum, mitigating potential tenant credit risks, 3) Healthcare and childcare assets valuations have remained resilient, 4) the expansive forecast future demand for assets across the care spectrum, underpinning development opportunities, and 5) inexpensive valuation.

As for dividends, Goldman is forecasting dividends of 7.5 cents per share in FY 2023 and FY 2024. Based on the current Healthco Healthcare and Wellness REIT unit price of $1.64, this will mean yields of 4.6% for investors.

Macquarie Group Ltd (ASX: MQG)

Another ASX dividend share that could be worth considering is Macquarie.

It is of course one of the world's leading investment banks with operations spanning banking, financial, advisory, investment and fund management.

The team at Morgans is very positive on Macquarie. The broker believes it is well-placed for growth over the long term thanks to structural tailwinds. It currently has an add rating and $215.00 price target on the company's shares.

The broker commented:

We continue to like MQG's exposure to long-term structural growth areas such as infrastructure and renewables. The company also stands to benefit from recent market volatility through its trading businesses, while the company continues to gain market share in Australian mortgages.

In respect to dividends, Morgans is forecasting partially franked dividends of $7.07 per share in FY 2023 and $7.47 per share in FY 2024. Based on the current Macquarie share price of $178.59, this will mean yields of 4% and 4.2%, respectively.

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 recommended Macquarie Group Limited. 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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