If you're looking for dividends shares to buy this month, then you may want to check out the two listed below.
Here's what you need to know about these high yield ASX dividend shares:
Healthco Healthcare and Wellness REIT (ASX: HCW)
The first ASX dividend share for passive income investors to look at is the Healthco Healthcare and Wellness REIT.
As you might expect from its name, it is a health and wellness focused real estate investment trust. The company invests in properties including hospitals, aged care, childcare, government, life sciences and research, and primary care and wellness centres.
Morgans is a fan of the company and is forecasting big dividend yields from its shares.
For example, the broker is expecting dividends per share of 7.5 cents in FY 2023 and 7.8 cents FY 2024. Based on the current Healthco Healthcare and Wellness REIT unit price of $1.35, this will mean yields of 5.5% and 5.8% for investors.
Morgans also sees plenty of upside for its shares. It currently has an add rating and $2.06 price target on them.
Mineral Resources Ltd (ASX: MIN)
Another high yield ASX dividend share that has been named as a buy is Mineral Resources.
It is a mining and mining services company with operations across energy, iron ore, and lithium.
Bell Potter is a big fan of Mineral Resources. This is due to its belief that the company is well-placed for strong earnings and dividend growth in the coming years thanks to its business transformation. It highlights that this will support "growing production volumes and improving margins."
In respect to dividends, the broker is forecasting fully franked dividends of 373.4 cents per share in FY 2023 and then 940.9 cents per share in FY 2024. Based on the current Mineral Resources share price of $78.58, this will mean 4.8% and 12% dividend yields, respectively.
Bell Potter has a buy rating and $111.00 price target on its shares.
