Experts name 2 ASX 200 dividend shares to buy now

Here are a couple of dividend shares to buy..

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Are you looking for ASX 200 dividend shares to buy? If you are, then check out the two listed below that have been named as buys by experts.

Here's why they rate them highly right now:

A couple sits in their lounge room with a large piggy bank on the coffee table. They smile while the male partner feeds some money into the slot while the female partner looks on with an iPad style device in her hands as though they are budgeting.

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Australia and New Zealand Banking Group Ltd (ASX: ANZ)

The first ASX 200 dividend share that could be a buy is ANZ Bank. It is of course largest financial institutions in the region and one of the big four banks.

Analysts at Citi are very positive on the bank. Last week the broker retained its buy rating with an improved price target of $29.25.

Citi was pleased with ANZ's FY 2022 results and has boosted its earnings and dividend estimates to reflect higher net interest margins.

In respect to dividends, the broker is now forecasting fully franked dividends of $1.66 per share in FY 2023 and $1.76 per share in FY 2024. Based on the current ANZ share price of $25.56, this will mean yields of 6.5% and 6.9%, respectively.

Stockland Corporation Ltd (ASX: SGP)

Another ASX 200 dividend share that has been named as a buy is Stockland. It is a residential and land lease developer and retail, logistics and office real estate property manager.

The team at Goldman Sachs is positive on the company and currently has a buy rating and $4.50 price target on its shares.

Its analysts "believe the potential headwinds are factored into the share price and see SGP as attractively valued." This is particularly the case given its recently refreshed corporate strategy and the sale of its low returning Retirement division.

As for dividends, the broker is forecasting dividends per share of 27.6 cents in FY 2023 and 28.3 cents in FY 2024. Based on the current Stockland share price of $3.60, this will mean yields of 7.7% and 7.9%, 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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