Are you looking for new addition to your income portfolio? If you are, then you may want to look at the ASX 200 dividend shares listed below.
That's because they have both been rated as buys and tipped to provide investors with big, juicy dividend yields.
Here's what you need to know about these buy-rated ASX 200 dividend stocks:
Stockland Corporation Ltd (ASX: SGP)
The first ASX 200 dividend share that could be a buy is Stockland.
It is a residential and land lease developer and retail, logistics, and office real estate property manager.
Citi is a fan of Stockland and feels the market is being too negative on its outlook. Particularly given its belief that property prices won't fall as much as feared. In fact, the broker is so positive it has named it as its top pick in the sector.
As for dividends, Citi expects dividends per share of 27 cents in FY 2023 and FY 2024. Based on the current Stockland share price of $4.52, this will mean sizeable yields of 6% in both financial years.
The broker currently has a buy rating and $4.70 price target on its shares.
Whitehaven Coal Ltd (ASX: WHC)
Another ASX 200 dividend share that has been named as buy is Whitehaven Coal.
Morgans is very positive on the coal miner and feels that recent share price weakness has created a buying opportunity for investors.
It highlights that "WHC looks far too oversold on the recent NEWC correction (FY23F FCF yield +40%, P/NPV 0.69x)" and expects "the re-tightening of thermal coal pricing dynamics through April to be a key catalyst for WHC."
As for dividends, the broker is expecting a 60 cents per share dividend in FY 2023 and FY 2024. Based on the current Whitehaven Coal share price of $6.80, this implies yields of 8.8% for both years.
The broker has an add rating and $9.60 price target on its shares.
