Experts say income investors should buy these ASX dividend shares

These ASX dividend shares could be in the buy zone…

Are you looking for some dividend options for your income portfolio this week? If you are, then take a look at the two ASX 200 dividend shares listed below.

Here's why they have been tipped to as buys by experts:

Woman holding $100 Australian notes representing dividends.

Image source: Getty Images

Bapcor Ltd (ASX: BAP)

The first ASX 200 dividend share for income investors to look at is Bapcor.

Through brands such as Autobarn, Burson Auto Parts and Midas, it is the Asia Pacific's leading provider of vehicle parts, accessories, equipment, service and solutions.

The team at Citi is positive on Bapcor and has a buy rating and $7.82 price target on the company's shares. It believes that the company's guidance for FY 2023 is conservative.

As for dividends, its analysts are forecasting fully franked dividends of 21 cents per share in FY 2023 and then 24 cents per share in FY 2024. Based on the current Bapcor share price of $6.35, this will mean yields of 3.3% and 3.7%, respectively.

Coles Group Ltd (ASX: COL)

Another ASX 200 dividend share for income investors to consider is this supermarket giant.

Thanks to its defensive qualities and strong market position, which includes 800+ supermarkets and 900+ liquor retail stores, it has been tipped to continue growing its sales, profits, and dividends in the coming years whatever the economy throws at it.

This will be supported by the construction of its smart distribution centres, which are aiming to make its operations more efficient and cut costs.

Morgans is bullish on Coles and has an add rating and $20.00 price target on its shares.

In respect to dividends, Morgans is forecasting fully franked dividends per share of 65 cents in FY 2022 and 66 cents in FY 2023. Based on the current Coles share price of $16.57, this will mean yields of 3.9% and 4%, 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 positions in and has recommended COLESGROUP DEF SET. The Motley Fool Australia has recommended Bapcor. 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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