Thankfully for income investors, there are plenty of dividend shares on the ASX offering attractive yields.
Two that brokers are particularly bullish on right now are named below. Here's why they rate them as buys and what yields they expect in the near term:
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Bank of Queensland Limited (ASX: BOQ)
The first ASX 200 dividend share for income investors to consider is Bank of Queensland.
It is the regional bank behind the eponymous Bank of Queensland brand. In addition, it owns the ME Bank and Virgin Money Australia brands.
Ord Minnett is feeling positive about Bank of Queensland thanks partly to its digitisation program. The broker expects the program to support loan and deposit growth, as well as achieve productivity benefits.
Ord Minnett has an accumulate rating and $8.40 price target on the bank's shares.
As for dividends, the broker is forecasting fully franked dividends per share of 52 cents in FY 2023 and then 54 cents per share in FY 2023. Based on the current Bank of Queensland share price of $6.42, this will mean big yields of 8.1% and 8.4%, respectively.
Santos Ltd (ASX: STO)
Another ASX 200 dividend share that has been rated as a buy is Santos.
It is one of the region's largest energy producers thanks to its recent merger with Oil Search. This merger means the company is now targeting production in and around the 100 million barrels of oil equivalent (mmboe) per annum.
The team at Macquarie sees a lot of value in its shares at the current level. In fact, the broker recently highlighted that its shares have dropped to a level which is in line with a takeover offer several years ago. And that's despite the recent addition of Oil Search's assets.
Macquarie currently has an outperform rating and $9.90 price target on Santos' shares.
As for dividends, the broker is expecting dividends per share of 42 cents in FY 2023 and 31 cents in FY 2024. Based on the current Santos share price of $7.14, this will mean yields of 5.9% and 4.3%, respectively.
