Are you looking for ASX 200 dividend shares to buy? If you are, then you may want to look at the two named below that have recently been tipped as buys.
Here's why brokers rate these dividend shares highly right now:
Centuria Industrial Reit (ASX: CIP)
The first ASX 200 dividend share that could be a buy is Centuria Industrial.
Centuria Industrial is Australia's largest domestic pure play industrial REIT. It owns a portfolio of high-quality industrial assets across urban infill locations throughout Australia.
UBS is a fan of the company and is expecting Centuria Industrial to pay dividends per share of 16 cents in both FY 2023 and FY 2024. Based on the current Centuria Industrial share price of $3.17, this represents yields of 5% in both financial years.
Another positive is that UBS currently has a buy rating and $3.68 price target on the company's shares, which implies 11.5% upside for investors.
Wesfarmers Ltd (ASX: WES)
Another ASX 200 dividend share that brokers rate as a buy is Wesfarmers.
It is the conglomerate behind a diverse portfolio of high-quality businesses including Bunnings, Covalent Lithium, Kmart, Officeworks, Priceline, and WesCEF.
Morgans is very positive on Wesfarmers and continues to forecast solid earnings and dividend growth in the coming years despite the cost of living crisis. This is expected to be underpinned by its focus on value, with Kmart in particular being "well-placed to benefit with the average price of an item at around $6-7."
As for dividends, Morgans is forecasting fully franked dividends per share of $1.79 in FY 2023 and $1.92 in FY 2023. Based on the current Wesfarmers share price of $47.80, this will mean yields of 3.75% and 4%, respectively.
Morgans has an add rating and $55.60 price target on Wesfarmers' shares, which implies upside of 16% for investors.
