If you're wanting to boost your income with some ASX dividend shares, then you might want to look at the two listed below.
These dividend shares have recently been named as buys by brokers and tipped to provide investors with attractive dividend yields. Here's what you need to know about these dividend shares:
Accent Group Ltd (ASX: AX1)
This footwear and youth apparel retailer could be a dividend share to buy.
This is thanks to its strong market position and exposure to younger consumers. The latter is well-placed to keep spending in the current environment due to a rise in the minimum wage.
Goldman Sachs expects this to be the case and recently put a buy rating and $2.20 price target on the company's shares.
As for dividends, Goldman is expecting fully franked dividends of 10.2 cents per share in FY 2023 and 11.4 cents per share in FY 2024. Based on the current Accent share price of $1.77, this will mean yields of 5.75% and 6.45%, respectively.
Telstra Corporation Ltd (ASX: TLS)
Income investors may also want to consider buying this telco giant's shares.
Thanks to its successful turnaround via the T22 strategy and its ongoing restructure, it has been tipped as a dividend share to buy by analysts at Morgans.
They believe the market is undervaluing some of Telstra's assets and expect its restructure to unlock value for shareholders. As a result, the broker has put an add rating and $4.60 price target on the company's shares.
In respect to dividends, the broker is expecting Telstra to continue to pay fully franked 16.5 cents per share dividends in both FY 2023 and FY 2024. Based on the current Telstra share price of $4.00 this equates to yields of 4.1%.
