3 top ASX dividend shares to buy next week

Brokers reckon these dividend shares could give you a nice income boost.

| More on:
A smiling woman with a handful of $100 notes, indicating strong dividend payments

Image source: Getty Images

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

If you want to boost your income portfolio next week when the market reopens, then look no further.

Listed below are three ASX dividend shares from different sides of the market that have been named as buys. Here's what you can expect from them:

Accent Group Ltd (ASX: AX1)

The first ASX dividend share that could be a buy is Accent. It is a footwear-focused retailer that owns a collection of popular store brands. This includes HYPEDC, Platypus, Sneaker Lab, Stylerunner, and The Athlete's Foot.

Bell Potter currently has a buy rating and a $2.80 price target on its shares.

As for income, the broker is forecasting fully franked dividends per share of 16.1 cents in FY 2023 and then 11.9 cents in FY 2024. Based on the latest Accent share price of $1.63, this represents dividend yields of 9.9% and 7.3%, respectively.

ANZ Group Holdings Ltd (ASX: ANZ)

This banking giant has been named as an ASX dividend share to buy by analysts at Goldman Sachs due largely to its institutional business.

The broker currently has a buy rating and a $27.38 price target on its shares.

As for dividends, Its analysts are forecasting fully franked dividends per share of $1.62 in both FY 2023 and FY 2024. Based on the current ANZ share price of $23.28, this will mean dividend yields of 6.95%.

Transurban Group (ASX: TCL)

Analysts at UBS say that this toll road operator is an ASX dividend share to buy right now.

The broker currently has a buy rating and a $15.45 price target on its shares.

In respect to income, UBS is expecting dividends per share of 57 cents in FY 2023 and then 61 cents in FY 2024. Based on the current Transurban share price of $14, this will mean yields of 4.1% and 4.35%, respectively.

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Goldman Sachs Group. The Motley Fool Australia has recommended Accent Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

More on Dividend Investing

Man holding fifty Australian Dollar banknote in his hands, symbolising dividends, symbolising dividends.
Dividend Investing

4 ASX income stocks to buy for 4% to 8% dividend yields

Analysts think these stocks are in the buy zone. What are they forecasting for them?

Read more »

Woman calculating dividends on calculator and working on a laptop.
Dividend Investing

What's the dividend yield of NAB shares right now?

What’s the size of NAB’s payout?

Read more »

Older couple enjoying the backyard
Dividend Investing

3 ASX 200 dividend stocks for investors to buy

Analysts are expecting these stocks to provide great yields. But how great?

Read more »

Smiling couple looking at a phone at a bargain opportunity.
Dividend Investing

2 cheap ASX dividend shares I'd buy for income

I think these two stocks can provide excellent dividends.

Read more »

Dividend Investing

Forget term deposits and buy these ASX dividend shares

These dividend shares have been tipped by analysts to provide investors with yields that are superior to term deposits.

Read more »

A woman in hammock with headphones on enjoying life which symbolises passive income.
Dividend Investing

Buy 300 shares in this glorious ASX 200 dividend stock and create almost $2,000 in passive income

Atop the juicy passive income, I like this ASX dividend beauty for its potential share price gains.

Read more »

A pilot stands in an empty passenger cabin smiling with his arms crossed looking excited
Dividend Investing

Here's the Qantas dividend forecast through to 2026

Will the Flying Kangaroo bring back its dividend soon?

Read more »

Smiling young parents with their daughter dream of success.
Dividend Investing

Top ASX dividend shares to buy in May 2024

Who could use a little extra cash right now?

Read more »