Are you looking for some ASX dividend shares to buy for your income portfolio? 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:
Charter Hall Long WALE REIT (ASX: CLW)
The first ASX dividend share that has been named as a buy is Charter Hall Long Wale REIT.
It is a property company focused on high quality assets that are leased to corporate and government tenants on very long leases. This includes industrial properties (such as supermarket distribution centres), telco exchanges, and agri-logistic properties.
The team at Citi is positive on company, highlighting its "low risk income stream with c. 12 year WALE and 99.9% occupancy."
It expects this to support dividends per share of 28 cents in FY 2023 and 29 cents in FY 2024. Based on the current Charter Hall Long Wale REIT share price of $4.25, this will mean yields of 6.6% and 6.85%, respectively.
Citi currently has a buy rating and $5.00 price target on its shares.
National Australia Bank Ltd (ASX: NAB)
Another ASX dividend share that has been named as a buy is big four bank, NAB.
The team at Goldman Sachs is feeling very positive on the bank in the current environment. This is due to its exposure to commercial lending. The broker highlights that it sees "volume momentum over the next 12 months as favouring commercial volumes over housing volumes."
This is good news for NAB, as Goldman believes it "provides the best exposure to this thematic."
In respect to dividends, Goldman is expecting this to underpin fully franked dividends of $1.73 per share in FY 2023 and $1.76 per share in FY 2024. Based on the current NAB share price of $28.26, this implies yields of 6.1% and 6.2%, respectively.
Goldman Sachs has a buy rating and $35.42 price target on its shares.
