If you're searching for a passive income boost, then you may want to check out the ASX dividend stocks listed below.
Analysts have named these dividend stocks as buys and tipped them to provide very large yields in the near term. Here's what you need to know:
Healthco Healthcare and Wellness REIT (ASX: HCW)
The first ASX dividend stock that could be a buy for income investors is the Healthco Healthcare and Wellness REIT.
It is a real estate investment trust that invests in properties such as hospitals, aged care, childcare, government, life sciences and research, and primary care and wellness properties. These are all relatively defensive assets, which could be a very good thing in the current economic environment.
Morgans is a fan of the company and believes it is well-positioned to increase its dividend in the near term. It is forecasting dividends per share of 7.6 cents in FY 2023 and 8 cents FY 2024. Based on the current Healthco Healthcare and Wellness REIT unit price of $1.35, this will mean yields of 5.6% and 5.9%, respectively.
Morgans also sees plenty of upside for its shares. It has an add rating and $1.72 price target on them.
Universal Store Holdings Ltd (ASX: UNI)
This youth fashion retailer could be an ASX dividend share to buy.
Investors have been hitting the sell button recently after a trading update revealed that demand has been softening due to the cost of living crisis.
Goldman Sachs feels that this has created a buying opportunity for investors. Particularly given its low PE ratio and big dividend yield.
In respect to the latter, the broker is forecasting fully franked dividends per share of 20 cents in FY 2023 and then 24 cents in FY 2024. Based on the current Universal Store of $3.18, this will mean yields of 6.3% and 7.5%, respectively.
Goldman has a buy rating and $5.05 price target on its shares.
