Brokers have been busy running the rule over a number of ASX dividend shares recently.
Two in particular that have been given the thumbs up by analysts are listed below. Here's what they are expecting from them this year and next:
Dalrymple Bay Infrastructure Ltd (ASX: DBI)
The operator of the Dalrymple Bay Coal Terminal (DBCT) has recently been named as a buy by analysts at Citi.
The broker believes the company is in a strong position to pay big dividends in the near term. Particularly given its recent switch to annual CPI adjustment, which Citi believes has been perfectly timed.
Citi is forecasting dividends per share of approximately 20.6 cents in FY 2023 and 21.6 cents in FY 2024. Based on the latest Dalrymple Bay Infrastructure share price of $2.67, this will mean generous yields of 7.5% and 7.9%, respectively.
The broker currently has an add rating and $2.80 price target on its shares.
Transurban Group (ASX: TCL)
This toll road operator has been named as a buy by analysts at UBS. The broker currently has a buy rating and $15.45 price target on its shares.
UBS has been impressed with Transurban's recovery from the pandemic and highlights that its recent quarterly update was ahead of expectations. This was particularly the case with its WestConnex road, which was the star of the show.
All in all, the broker appears to believe the company is well-placed to deliver increasing dividends in the near term. It is forecasting dividends per share of 57 cents in FY 2023 and then 61 cents in FY 2024. Based on the current Transurban share price of $14.93, this will mean yields of 3.8% and 4.1%, respectively.
