If you're looking for dividend shares to buy, then the two listed below could be worth checking out.
Both have been named as buys by analysts recently and tipped to provide attractive yields. Here's what you need to know about them:
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Transurban Group (ASX: TCL)
The first ASX 200 dividend share for income investors to consider buying is Transurban.
It is a toll road operator that owns a world-class portfolio of toll roads in Australia and North America. This includes CityLink in Melbourne, Cross City Tunnel in Sydney, AirportlinkM7 in Brisbane, and 95 Express Lanes in Greater Washington, United States.
It also has a sizeable project pipeline, including the West Gate Tunnel, which looks set to support its growth in the coming years.
Citi is a fan of the company. In response to Transurban's half year results this week, the broker has retained its buy rating with a $16.00 price target.
It has also bumped its dividend forecasts up to 57.5 cents per share in FY 2023 and 59.6 cents per share in FY 2024. Based on the current Transurban share price of $14.03, this will mean yields of 4.1% and 4.25%, respectively.
Wesfarmers Ltd (ASX: WES)
Wesfarmers could be another ASX 200 dividend share to buy.
It the conglomerate behind a range of businesses such as Bunnings, Catch, Covalent Lithium, Kmart, Officeworks, and Priceline.
The team at Morgans is positive on Wesfarmers and believes it is well-placed to grow its dividend in the coming years.
For example, its analysts are forecasting fully franked dividends per share of $1.82 in FY 2023 and then $1.89 in FY 2023. Based on the current Wesfarmers share price of $49.31, this will mean yields of 3.7% and 3.9%, respectively, over the next two financial years.
Morgans also sees room for its shares to climb from current levels. It has an add rating and $55.60 price target on them.
