If you're in the market for some dividends, then look no further than the two ASX dividend shares listed below.
Both have recently been named as buys and tipped to offer very generous dividend yields. Here's what you need to know:
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 broker highlights the company's "low risk income stream with c. 12 year WALE and 99.9% occupancy." Together with recent share price weakness, Citi expects this to underpin some big dividend yields in the near term.
Its analysts are 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 $4.32, this will mean yields of 6.5% and 6.7%, respectively.
Citi currently has a buy rating and $5.00 price target on its shares.
Super Retail Group Ltd (ASX: SUL)
Another ASX dividend share that has been named as a buy is Super Retail. It is the retailer that own brands including Macpac, Rebel, and Super Cheap Auto.
Goldman Sachs is positive on the company and believes its shares are great value at the current level. This is especially the case given the resilience of its businesses and impressive loyalty program. It said:
We believe that the company's positive trading update continues to display resilience that is built upon its competitive advantage of high loyalty (~10m active members accounting for >70% of sales) and this will be further bolstered in 2H23 as the company launches the Rebel loyalty program and continues to build personalisation capabilities.
As for income, Goldman Sachs is forecasting fully franked dividends per share of 74.1 cents in FY 2023 and then 62.6 cents in FY 2024. Based on the current Super Retail share price of $11.26, this will mean yields of 6.6% and 5.55%, respectively.
The broker has a buy rating and $14.90 price target on its shares.
