These ASX 200 shares have big dividend yields

Brokers say that big payouts could be coming from these ASX 200 shares.

| More on:
$100 Australian notes on top of each other.

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

Investors that are on the lookout for ASX 200 shares with big dividend yields might want to check out the two listed below.

Here's what analysts are forecasting from their shares in the near term:

ANZ Group Holdings Ltd (ASX: ANZ)

The first high-yield ASX 200 dividend share that could be a buy is ANZ Bank. It is of course one of Australia's big four banks.

Goldman Sachs is very positive on the company and recently upgraded its shares to a buy rating with a $27.38 price target.

It likes ANZ due to its institutional business, which it expects to perform positively in the current environment. In addition, its analysts "see ANZ's underweight exposure to Australian consumer banking as a relative tailwind, given our view on the growth and margin outlook."

As for dividends, the broker is forecasting fully franked dividends per share of $1.62 in both FY 2023 and FY 2024. Based on the current ANZ share price of $25.35, this will mean dividend yields of 6.4%.

HomeCo Daily Needs REIT (ASX: HDN)

HomeCo Daily Needs could be an ASX 200 dividend share to buy next week. It is a property company focused on neighbourhood retail, large format retail, and health and services.

Morgans is a fan of the company and has an add rating and a $1.50 price target on its shares. It commented:

HDN offers investors an attractive yield of +6% underpinned by contracted rental income and has a large development pipeline.

In respect to dividends, the broker is expecting dividends per share of 8.3 cents in FY 2023 and then 8.4 cents in FY 2024. Based on the current HomeCo Daily Needs share price of $1.15, this will mean very big yields of 7.2% and 7.3%, 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 recommended Goldman Sachs Group. The Motley Fool Australia has recommended HomeCo Daily Needs REIT. 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

Flying Australian dollars, symbolising dividends.
Dividend Investing

All it takes is $3,500 in these three ASX dividend stocks to help generate $331 in passive income in 2026

These stocks offer very large dividend yields and could unlock strong payouts.

Read more »

A man points at a paper as he holds an alarm clock, indicating the ex-dividend date is approaching.
Dividend Investing

2 ASX dividend shares raising dividends like clockwork!

These companies continue to increase their dividends year after year.

Read more »

Person handling Australian dollar notes, symbolising dividends.
Dividend Investing

Is investing $5,000 enough to earn a $1,000 second income?

A 20% yield is possible. Here's how.

Read more »

medical research laboratory assistant examines solutions in test tubes
Dividend Investing

Start the new year bright by snapping up this ASX dividend share

This healthcare stock could deliver healthy dividend and upside in 2026.

Read more »

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

3 strong ASX dividend shares I would buy and hold forever

I think these shares could be great picks for investors that are building an income portfollio.

Read more »

Image of a fist holding two yellow lightning bolts against a red backdrop.
Dividend Investing

Better dividend stock in December: Woodside or Whitehaven?

Woodside and Whitehaven both pay dividends, but a closer look shows one offers far more reliable income for investors.

Read more »

A woman holds a gold bar in one hand and puts her other hand to her forehead with an apprehensive and concerned expression on her face after watching the Ramelius share price fall today
Gold

At record prices, why don't ASX gold miners pay high dividends?

Gold miners never seem to deliver those dividends...

Read more »

Hand holding Australian dollar (AUD) bills, symbolising ex dividend day. Passive income.
Dividend Investing

I'd buy this ASX dividend stock in any market

This business has multiple appealing qualities.

Read more »