Buy NAB and this ASX 200 dividend share now: brokers

Boost your passive income with these dividend shares right now…

| More on:

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

Are you looking for ASX 200 dividend shares to buy this week? If you are, then the two listed below could be worth considering.

Both have been named as buys and tipped to provide investors with good yields. Here's what you need to know about them:

A man points at a paper as he holds an alarm clock, indicating the ex-dividend date is approaching.

Image source: Getty Images

Centuria Industrial Reit (ASX: CIP)

The first ASX 200 dividend share to consider is Centuria Industrial, which is Australia's largest domestic pure play industrial REIT.

Centuria Industrial has a portfolio of high-quality industrial assets that are situated in urban infill locations throughout Australia and underpinned by a quality and diverse tenant base.

This is a great part of the property market to be right now given robust demand and tight supply conditions.

UBS is positive on the company and has a buy rating and $3.60 price target on its shares.

As for dividends, the broker is forecasting dividends per share of 16 cents in both FY 2023 and FY 2024. Based on the current Centuria Industrial share price of $3.52, this represents yields of 4.5% in both years.

National Australia Bank Ltd (ASX: NAB)

Another ASX 200 dividend share that has been named as a buy is NAB, which is of course one of Australia's big four banks.

Goldman Sachs is a fan of NAB in the current environment due to its exposure to commercial lending. Its analysts "see volume momentum over the next 12 months as favouring commercial volumes over housing volumes and NAB provides the best exposure to this thematic."

Goldman Sachs has a buy rating and $35.60 price target on its shares.

In respect to dividends, Goldman is forecasting fully franked dividends of $1.66 per share in FY 2023 and $1.73 per share in FY 2024. Based on the current NAB share price of $31.88, this implies yields of 5.2% and 5.4%, 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 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.

More on Dividend Investing

A woman standing in a blue shirt smiles as she uses her mobile phone.
Dividend Investing

The ASX shares I'd buy for passive income in April and beyond

I think passive income is not just about yield. It is about building a reliable stream of dividends over time.

Read more »

Two people climb to the summit and raise their arms in success as the sun rises brightly over the mountains.
Dividend Investing

2 ASX dividend shares yielding 7% or more

If you're looking for dividend shares which pay around 7%, these are two of my picks.

Read more »

Australian dollar notes in the pocket of a man's jeans, symbolising dividends.
Broker Notes

Why this quality ASX dividend share is tipped to surge 55%

A leading broker expects this ASX stock could rocket 55% atop paying two annual dividends.

Read more »

Happy dad watching tv with kids, symbolising passive income.
Dividend Investing

3 ASX dividend shares I'd buy for reliable passive income

I think building income from ASX shares starts with choosing the right types of businesses.

Read more »

A mature aged man with grey hair and glasses holds a fan of Australian hundred dollar bills up against his mouth and looks skywards with his eyes as though he is thinking what he might do with the cash.
Dividend Investing

Is this one of the best ASX passive income stocks to buy right now?

This business is paying a great level of income…

Read more »

Hand of a woman carrying a bag of money, representing the concept of saving money or earning dividends.
Dividend Investing

1 ASX dividend stock down 43% I'd buy right now

This business is a leading idea for passive income!

Read more »

Australian notes and coins symbolising dividends.
Dividend Investing

$1,000 buys 100 shares in an incredibly reliable ASX 200 dividend stock

This business has been very resilient and still looks like a great buy.

Read more »

Woman holding $50 notes with a delighted face.
Dividend Investing

Why this ASX dividend share is a retiree's dream

This stock can offer investors everything they want in retirement.

Read more »