If you're looking for ASX dividend shares to buy, then you may want to check out the two listed below.
Both have recently been named as buys by analysts. Here's why they rate them highly this month:
Australia and New Zealand Banking Group Ltd (ASX: ANZ)
The first ASX dividend share for income investors to consider is ANZ Bank.
It is of course one of the big four banks, providing a range of banking and financial products and services to retail, small business, corporate, and institutional clients.
The bank also recently announced an agreement to boost its operations with the acquisition of the banking operations of Suncorp Group Ltd (ASX: SUN) for $4.9 billion. If this deal goes through, it will give the bank's presence in the Queensland market a significant lift.
According to a note out of Citi, its analysts are positive on the deal. They believe the deal meets a strategic objective at a reasonable price.
In light of this, the broker currently recently put a buy rating and $29.00 price target on the bank's shares.
As for dividends, the broker is forecasting fully franked dividends of $1.44 per share in FY 2022 and $1.65 per share in FY 2023. Based on the current ANZ share price of $23.04, this will mean yields of 6.3% and 7.2%, respectively.
Charter Hall Retail REIT (ASX: CQR)
Another dividend share to look at is the Charter Hall Retail REIT.
This property company provides investors with exposure to the supermarket anchored neighbourhood and sub-regional shopping centre markets in Australia.
The team at Macquarie are positive on the company. The broker currently has an outperform rating and $4.42 price target on the company's shares.
Its analysts have been pleased with the company's recent acquisitions. This includes 18 Gull service stations in New Zealand and 51 Long WALE convenience retail properties leased to Z Energy.
Overall, the broker appears to believe this leaves the Charter Hall Retail REIT well-placed to pay some generous dividends in the near future. It is forecasting dividends per share to 25.7 cents in FY 2023 and 23 cents in FY 2024. Based on the current Charter Hall Retail REIT share price of $3.72, this implies potential yields of 6.9% and 6.2%, respectively.
