Why analysts say these ASX 200 dividend shares are buys

These dividend shares are tipped to offer investors generous yields…

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If you're looking for additions to your income portfolio, then the two ASX 200 dividend shares listed below could be worth considering.

Both shares have been rated as buys by analysts and tipped to provide attractive yields in the coming years. Here's what you need to know:

A couple working on a laptop laugh as they discuss their ASX share portfolio.

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Charter Hall Social Infrastructure REIT (ASX: CQE)

The first ASX 200 dividend share for income investors to look at is the Charter Hall Social Infrastructure REIT.

This real estate investment trust is focused on investing in social infrastructure properties such as bus depots, government facilities, police and justice services, and childcare centres.

Analysts at Goldman Sachs are very positive on the company due to its solid outlook, sky high occupancy rate, and long leases. They have put a conviction buy rating and $4.20 price target on its shares.

The broker is expecting this to underpin growing dividends in the coming years. For example, it is forecasting dividends per share of 17.3 cents in FY 2023 and 18 cents in FY 2024. Based on its current share price of $3.23, this implies yields of 5.35% and 5.6%, respectively.

QBE Insurance Group Ltd (ASX: QBE)

Another ASX 200 dividend share that has been tipped as a buy is QBE. It is of course one of the world's largest insurance companies.

Analysts at Morgans are very positive on the company due to rising premiums and cost reductions. It recently retained its add rating with a $14.93 price target on its shares.

Morgans notes that with "strong rate increases still flowing through QBE's insurance book, investment yields improving and further cost-out benefits to come, we expect QBE's earnings profile to improve strongly over the next few years."

It also expects this to lead to a big increase in dividend payments from next year. Morgans is forecasting a 41.5 cents per share dividend in FY 2022 and then a 76.5 cents per share dividend in FY 2023. Based on the latest QBE share price of $11.73, this equates to yields of 3.5% and 6.5%, 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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