3 ASX shares to buy with 6%+ dividend yields: brokers

Here's why these could be top options for income investors this month.

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Income investors on the lookout for some big dividend yields might want to check out the three ASX dividend shares listed below.

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

Accent Group Ltd (ASX: AX1)

The first ASX dividend share that could be a buy is this footwear-focused retailer which owns a collection of popular store brands such as The Athlete's Foot, HYPEDC and Platypus.

Bell Potter is a fan of the company and has a buy rating and a $2.50 price target on its shares.

As for dividends, the broker is forecasting fully franked dividends per share of 12 cents in FY 2024 and then 14.1 cents in FY 2025. Based on the latest Accent share price of $2.04, this represents yields of 5.9% and 6.9%, respectively.

ANZ Group Holdings Ltd (ASX: ANZ)

Goldman Sachs thinks that ANZ Bank could be another ASX dividend share to buy right now.

Its analysts like the bank largely due to its institutional exposure, which the broker expects to perform better than consumer banking in the current environment. Goldman has a buy rating and a $27.55 price target on its shares.

As for income, 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 $25.19, this will mean dividend yields of 6.4%.

Universal Store Holdings Ltd (ASX: UNI)

A final ASX dividend share that could be a buy is youth fashion retailer Universal Store.

Morgans is positive on the retailer and has an add rating and a $4.25 price target on its shares.

In respect to dividends, the broker is expecting fully franked dividends per share of 26 cents in FY 2024 and 29 cents in FY 2025. Based on the current Universal Store share price of $3.95, this will mean yields of 6.6% and 7.35%, respectively.

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. The Motley Fool Australia has recommended Accent Group. 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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