3 ASX dividend shares to buy in July according to analysts

Analysts think these shares could be top options for income investors in July.

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Income investors on the lookout for ASX dividend shares to buy could do a lot worse than the three listed below.

Here's what kind of yields analysts are expecting from their shares in the near term:

Dicker Data Ltd (ASX: DDR)

The first ASX dividend share to look at is Dicker Data. It is a leading technology hardware, software, cloud, and cybersecurity distributor.

Morgan Stanley is positive on the company and has an outperform rating and a $10 price target on its shares.

As for dividends, its analysts are forecasting fully franked dividends per share of 43.8 cents in FY 2023 and 48.8 cents in FY 2024. Based on the latest Dicker Data share price of $8.40, this will mean yields of 5.2% and 5.8%, respectively.

Healthco Healthcare and Wellness REIT (ASX: HCW)

Another ASX dividend share that has been named as a buy is Healthco Healthcare and Wellness REIT.

Morgans is positive on this health and wellness-focused real estate investment trust and has an add rating and $1.72 price target on its shares.

In respect to dividends, it is forecasting dividends per share of 7.6 cents in FY 2023 and 8 cents in FY 2024. Based on the current Healthco Healthcare and Wellness REIT unit price of $1.37, this will mean yields of 5.5% and 5.9%, respectively.

Universal Store Holdings Ltd (ASX: UNI)

A final ASX dividend share that could be a buy this week is Universal Store.

Morgans is also a fan of this youth fashion retailer and has an add rating and $4.20 price target on its shares.

As for income, the broker is expecting some big dividend yields in the near term. It is forecasting fully franked dividends per share of 27 cents in both FY 2023 and FY 2024. Based on the current Universal Store share price of $3.27, this will mean yields of 8.2% in both years.

Motley Fool contributor James Mickleboro has positions in Universal Store. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Dicker Data. The Motley Fool Australia has positions in and has recommended Dicker Data. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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