Brokers say these ASX 200 dividend shares are buys

Brokers have named these ASX 200 dividend shares as buys…

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If you are looking for income options, you might want to check out the two ASX 200 dividend shares listed below.

That's because brokers have just tipped these shares as buys with attractive forecast dividend yields. Here's what brokers are saying about them:

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Charter Hall Social Infrastructure REIT (ASX: CQE)

The first ASX 200 share to look at is Charter Hall Social Infrastructure REIT.

It is a real estate investment trust that invests in social infrastructure properties such as bus depots, police and justice services facilities, and childcare centres.

Goldman Sachs currently has a conviction buy rating and $4.35 price target on this dividend share.

The broker believes Charter Hall Social Infrastructure REIT is well-placed for growth in the coming years. This is thanks to the sector's positive fundamentals and its strong balance sheet. Goldman commented:

[W]e continue to believe the REIT is relatively well positioned given the sector's positive fundamentals and CQE's strong balance sheet, with headroom and liquidity to pursue investment opportunities, although rising interest costs will be a near term headwind in FY23. Furthermore, we remain attracted to its relatively resilient cash flows, underpinned by triple net leases to strong tenant covenants.

In respect to dividends, Goldman is forecasting dividends per share of 17.3 cents in FY 2023 and 18 cents in FY 2024. Based on the current Charter Hall Social Infrastructure REIT unit price of $3.07, this will mean yields of 5.6% and 5.9%, respectively.

QBE Insurance Group Ltd (ASX: QBE)

Another ASX 200 dividend share that has been tipped as a buy is insurance giant QBE.

Morgans is very positive on the company and recently retained its add rating with a $14.93 price target on its shares. The broker believes that rising premiums and its cost cutting plans bode well for its performance in the near term. It commented:

With strong rate increases still flowing through QBE's insurance book, and further cost-out benefits to come, we expect QBE's earnings profile to improve strongly over the next few years. The stock also has a robust balance sheet and remains relatively inexpensive overall trading on ~9.1x FY23F PE.

As for dividends, Morgans is forecasting a 41.7 cents per share dividend in FY 2022 and then a 76.8 cents per share dividend in FY 2023. Based on the latest QBE share price of $11.30, this equates to yields of 3.7% and 6.8%, 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 no position in any of the stocks mentioned. 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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