Buy Macquarie and this ASX 200 dividend share: analysts

Here's why these ASX 200 dividend shares could be buys…

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If you're looking for dividends to boost your income this year, then you may want to look at the two ASX 200 dividend shares listed below.

Both of these dividend shares have been rated as buys and tipped to provide investors with good yields in the near term. Here's what you need to know about these shares:

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Deterra Royalties Ltd (ASX: DRR)

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

It is the owner of a portfolio of royalty assets across a range of commodities, primarily focused on bulks, base and battery metals. This includes the massive Mining Area C (MAC) iron ore operation owned by mining giant BHP Group Ltd (ASX: BHP).

The team at Citi is positive on the company and has a buy rating and $5.10 price target on its shares.

As for dividends, the broker is forecasting fully franked dividends per share of 30 cents in both FY 2023 and FY 2024. Based on the current Deterra Royalties share price of $4.88, this will mean yields of 6.15%.

Macquarie Group Ltd (ASX: MQG)

Another ASX 200 dividend share for income investors to consider is investment bank Macquarie.

It has been tipped as a buy by analysts at Morgans. The broker notes that the investment bank is a "quality franchise, well exposed to structural growth areas, and the company is managing a more difficult FY23 environment well."

In respect to dividends, Morgans is forecasting partially franked dividends of $7.05 per share in FY 2023 and $7.36 per share in FY 2024. Based on the current Macquarie share price of $185.13, this will mean yields of 3.8% and 4%, respectively.

Morgans has an add rating and $214.30 price target on the company's shares.

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 recommended Macquarie Group. 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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