If you're in the market for some ASX dividend stocks, then it could be worth taking a look at the two listed below.
Here's why analysts have just tipped them as buys:
APM Human Services International Ltd (ASX: APM)
The first ASX dividend stock that has been named as a buy is APM Human Services. It is an international health and human services provider.
Goldman Sachs is positive on the company. The broker highlights its belief that the market is "under appreciating APM's ability to generate sustainable earnings growth (GSe 14% EPS CAGR, FY22-25E)."
Its analysts expect this growth to be supported by the ramp-up of the new Workforce Australia contract, gain in scale in the significant NDIS/Allied Health opportunity, and recent successful contract wins outside Australia.
As for dividends, Goldman is forecasting dividends per share of 10 cents in FY 2023 and 11 cents in FY 2024. Based on the current APM share price of $2.13, this equates to dividend yields of 4.7% and 5.15%, respectively.
The broker has a buy rating and a $3.75 price target on its shares.
Centuria Industrial Reit (ASX: CIP)
Another ASX dividend stock that has been named as a buy is Centuria Industrial.
It is Australia's largest domestic pure-play industrial REIT. It owns a portfolio of high-quality industrial assets that are situated in urban infill locations throughout Australia.
The company highlights that its portfolio is overseen by a hands-on, active manager and provides investors with income and an opportunity for capital growth from a pure-play portfolio of high-quality Australian industrial assets.
UBS is positive on the company and has a buy rating and a $3.68 price target on its shares.
As for income, the broker is expecting dividends per share of 16 cents in both FY 2023 and FY 2024. Based on the current Centuria Industrial share price of $3.13, this represents yields of 5.1% in both financial years.
