If you're on the lookout for new investment options, then take a look at the ASX dividend shares listed below.
They have recently been named as buys and tipped to provide attractive yields. Here's what you need to know:
Charter Hall Group (ASX: CHC)
The first ASX dividend share that could be a buy is Charter Hall. It is a property fund manager and developer across the office, retail, industrial and residential sectors.
Citi is positive on the company. Yesterday its analysts put a buy rating and $14.00 price target on its shares.
As for dividends, the broker is forecasting dividends per share of 45.1 cents in FY 2024 and 47.8 cents in FY 2025. Based on the current Charter Hall share price of $10.85, this will mean yields of 4.15% and 4.4%, respectively.
Super Retail Group Ltd (ASX: SUL)
Another ASX dividend share that could be a buy is Super Retail. It is the retailer behind popular brands such as Rebel and Super Cheap Auto.
Morgans believes Super Retail shares are good value following its FY 2023 results. It has a add rating and a $15.00 price target on its shares. The broker highlights that Super Retail's "better than expected margins meant NPAT was 9% higher than our estimates."
Looking ahead, the broker is forecasting fully franked dividends per share of 89 cents in FY 2024 and then 73 cents in FY 2025. Based on the latest Super Retail share price of $13.13, this will mean yields of 6.8% and 5.6%, respectively.
Westpac Banking Corp (ASX: WBC)
Finally, Morgans believes that Westpac is an ASX dividend share to buy. Although the broker wasn't too impressed with its quarterly update, it sees a lot of value in the banking giant's shares.
In fact, the broker highlights that "the current price offers potential returns of c.19% (including c.7% cash yield) even after allowing for the reduced target price."
Morgans has an add rating and price target of $23.02. As for dividends, it is expecting fully franked dividends per share of $1.46 in FY 2023 and $1.47 in FY 2024. Based on the current Westpac share price of $20.88, this will mean ~7% yields.
