If you're looking to boost your income portfolio next week, then you may want to look at the shares listed below.
Here's why these ASX dividend shares have been tipped as buys by experts:
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Dexus Industria REIT (ASX: DXI)
The first ASX dividend share for income investors to consider is Dexus Industria. It owns, manages, and develops high-quality industrial warehouses and business parks, and is invested in the operations of Jandakot Airport industrial precinct.
Management notes that its portfolio is well positioned towards the industrial and logistics sectors. Pleasingly, this is a good thing. It highlights that tenant demand remains strong across the industrial market, supported by Australian retail online penetration increasing.
Morgans is a fan of the company. Its analysts currently have an add rating and $3.28 price target on the company's shares.
They are also forecasting attractive dividends per share of 17.3 cents in FY 2023 and 16.1 cents in FY 2024. Based on the current Dexus Industria share price of $2.56, this will mean yields of 6.75% and 6.3%, respectively.
Whitehaven Coal Ltd (ASX: WHC)
Another ASX dividend share that is highly rated is coal miner Whitehaven Coal.
With coal prices forecast to remain strong for some time to come, the miner has been tipped to deliver bumper profits and free cash flow in the coming years.
One of those expecting this to be the case is Macquarie. It is bullish on Whitehaven Coal due to sky high coal prices and currently has an outperform rating and $12.00 price target on its shares.
The broker is also expecting these high prices to underpin big dividends. It is forecasting fully franked dividends of $1.07 per share in FY 2023 and $1.25 per share in FY 2024. Based on the current Whitehaven Coal share price of $10.96, this implies potential yields of 9.8% and 11.4%, respectively.
