If you're looking for dividend shares to buy, then you may want to look at the two shares listed below that have been rated as buys
Here's why analysts rate these ASX dividend shares highly right now:
QBE Insurance Group Ltd (ASX: QBE)
The first ASX dividend share that has been named as a buy is insurance giant QBE.
Morgans is positive on the company and believes it is well-placed to benefit from rising premiums and significant cost-outs. The broker also highlights that QBE's shares trade on lower than average multiples.
As for dividends, Morgans expects QBE to pay dividends per share of 83 cents in FY 2023 and 94 cents in FY 2024. Based on the latest QBE share price of $15.30, this equates to yields of 5.4% and 6.15%, respectively.
Morgans has an add rating and $16.96 price target on QBE's shares.
Rural Funds Group (ASX: RFF)
Another ASX dividend share that could be in the buy zone is Rural Funds.
It is a property company that owns a portfolio of assets across a number of agricultural industries such as orchards, vineyards, water entitlements, cropping, and cattle farms.
These properties are leased to major industry players on long term agreements with periodic rental increases built in. This means Rural Funds is well-placed to grow its earnings and dividends each year.
Bell Potter is a fan of the company and believes its shares are trading at an attractive level. The broker is also expecting some generous yields in the near term.
It is forecasting an 11.7 cents per share dividend in FY 2023 and then a 12.2 cents per share dividend in FY 2024. Based on the current Rural Funds share price of $2.24, this represents yields of 5.2% and 5.45%, respectively.
Bell Potter has a buy rating and $2.65 price target on its shares.
