If you want to boost your income portfolio this month, then it could be worth checking out the ASX dividend stocks listed below that analysts rate as buys.
Here's what they are saying about them:
Charter Hall Group (ASX: CHC)
The team at Citi thinks that Charter Hall could be an ASX dividend stock to buy. It is a property fund manager and developer across the office, retail, industrial and residential sectors.
Citi currently has a buy rating and a $14 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 $10.31, this will mean yields of 4.4% and 4.6%, respectively.
Dexus Industria REIT (ASX: DXI)
Another ASX dividend stock that has been named as a buy is Dexus Industria. It is a real estate investment trust with a focus on industrial warehouses.
Morgans is feeling bullish on the company and has an add rating and a $3.19 price target on its shares.
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 $2.76, this will mean dividend yields of 5.9% and 6.1%, respectively.
Transurban Group (ASX: TCL)
A final ASX dividend stock that has been named as a buy is Transurban. It manages and develops urban toll road networks in Australia and North America.
Citi is also a fan of Transurban right now and has a buy rating and a $15.90 price target on its shares. This is because it believes the company is positioned for growth thanks to inflation-linked price increases and its defensive qualities.
As for dividends, Citi is forecasting dividends per share of 63.4 cents in FY 2024 and 64.6 cents in FY 2025. Based on the current Transurban share price of $13.12, this will mean yields of 4.8% and 4.9%, respectively.
