Are you looking for ASX dividend shares for your portfolio? If you are, the good news is that the Australian share market is home to a large number of quality options.
Two that experts rate highly are listed below. Here's what you need to know about them:
Charter Hall Long WALE REIT (ASX: CLW)
The team at Citi believes that the Charter Hall Long WALE REIT could be an ASX dividend share to buy.
The Charter Hall Long WALE REIT invests in high quality real estate assets that are predominantly leased to corporate and government tenants on long term leases.
Citi highlights that this means the company has a "low risk income stream with c. 12 year WALE and 99.9% occupancy."
It expects this to support some big dividend yields in the near term. For example, Citi is forecasting 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 $4.29, this will mean yields of 6.5% and 6.75%, respectively.
Citi currently has a buy rating and $5.00 price target on its shares.
HomeCo Daily Needs REIT (ASX: HDN)
HomeCo Daily Needs could be another ASX dividend share to buy right now.
It is a property investment company with a focus on convenience-based assets. These are assets generally found across neighbourhood retail, large format retail, and health and services.
The team at Morgans is bullish on the company and believes it is well-placed to benefit from "accelerating click & collect trends" and its development pipeline. The broker currently has an add rating and $1.50 price target on its shares.
As for income, it is forecasting dividends per share of 8.3 cents in FY 2023 and then 8.4 cents in FY 2024. Based on the current HomeCo Daily Needs share price of $1.20, this will mean yields of 6.9% and 7%, respectively.
