Boost your income with these ASX dividend stocks: analysts

Analysts reckon that these shares could give you an income boost.

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If you want to boost your passive income, then check out the ASX dividend stocks listed below.

Here's what sort of yields you can expect from them in the near term:

Man looking amazed holding $50 Australian notes, representing ASX dividends.

Image source: Getty Images

ANZ Group Holdings Ltd (ASX: ANZ)

The first ASX dividend stock that could be a buy for income investors is banking giant ANZ.

Goldman Sachs is positive on the company and 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 $25.43, this will mean dividend yields of 6.4%.

Transurban Group (ASX: TCL)

Another ASX dividend stock that could be a buy right now is toll road operator Transurban.

The team at UBS is positive on the company and currently has a buy rating and a $15.45 price target on its shares.

The broker is also expecting some attractive dividend yields in the coming years. UBS is forecasting dividends per share of 57 cents in FY 2023 and then 61 cents in FY 2024. Based on the current Transurban share price of $14.06, this will mean yields of 4% and 4.35%, respectively.

Universal Store Holdings Ltd (ASX: UNI)

A final ASX dividend stock that could be a buy is Universal Store. It is a youth fashion retailer behind the Thrills and Universal Store brands.

Morgans is a fan of the retailer and has an add rating and $4.20 price target on its shares.

As for dividends, the broker is expecting very attractive dividend yields in the near term. Its analysts have pencilled in fully franked dividends per share of 27 cents in both FY 2023 and FY 2024. Based on the current Universal Store share price of $3.52, this will mean yields of 7.6% for investors.

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 Goldman Sachs Group and Transurban Group. The Motley Fool Australia has no position in any of the stocks mentioned. 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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