If you're in need of a passive income boost, then it could be worth checking out the two ASX 200 dividend shares listed below.
Here's why analysts at Citi are positive on them:
Stockland Corporation Ltd (ASX: SGP)
Citi's analysts believe that Stockland could be an ASX 200 dividend share to buy right now.
Stockland is a residential and land lease developer and retail, logistics and office real estate property manager.
The broker feels the company's shares are trading at attractive level and highlights "a recovering resi backdrop" as a reason to buy.
The broker is also forecasting some big dividend yields. It expects dividends per share of 26.6 cents in FY 2023 and FY 2024. Based on the current Stockland share price of $4.41, this will mean yields of 6% in both financial years.
Citi has a buy rating and $4.70 price target on Stockland's shares.
Suncorp Group Ltd (ASX: SUN)
Another ASX 200 dividend share that Citi rates as a buy is Suncorp.
The broker is positive on the insurance giant's outlook and is expecting Suncorp to achieve its margin guidance in FY 2023. It also suspects that there's scope for its margins to improve further from here, which bodes well for its earnings. It said:
We still expect SUN to deliver on its FY23E insurance margin guidance. We also see the potential for margins to expand further, possibly materially at some point, if and when claims inflation recedes.
As for dividends, the broker is expecting fully franked dividends per share of 72 cents in both FY 2023 and FY 2024. Based on the current Suncorp share price of $13.19, this will mean yields of 5.5%.
Citi has a buy rating and $14.30 price target on its shares.
