Are you looking for ASX dividend shares to buy for a second income?
If you are, then it could be a good idea to check out the two listed below that analysts at Morgans rate highly.
Here's what they are expecting from these dividend shares:
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Dexus Industria REIT (ASX: DXI)
The first ASX dividend share that could be a buy this week is Dexus Industria. It is a real estate investment trust which primarily invests in high-quality industrial warehouses.
Morgans is a fan of the company and is expecting some big yields in the near term.
In respect to income, the broker is forecasting dividends per share of 16.4 cents in FY 2024 and 17 cents in FY 2025. Based on the current Dexus Industria share price of $2.70, this will mean dividend yields of 6.1% and 6.3%, respectively.
Morgans has an add rating and a $3.19 price target on its shares. This implies a potential upside of 18% from current levels.
HomeCo Daily Needs REIT (ASX: HDN)
HomeCo Daily Needs could be another ASX dividend share to buy this week. It is a property company with a focus on neighbourhood retail, large format retail, and health and services.
Morgans is also a fan of the company and is forecasting even bigger dividend yields.
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 $1.11, this will mean yields of 7.4% and 7.5%, respectively.
Morgans has an add rating and a $1.50 price target on its shares. This suggests a potential upside of over 35% for investors between now and this time next year.
