Pleasingly for income investors, there are a good number of options for them to choose from on the ASX 300 index.
But which ASX 300 dividend shares could be buys this month?
Three that have recently been named as buys are listed below. Here's what sort of dividend yields you can expect from them:
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Accent Group Ltd (ASX: AX1)
Accent could be an ASX 300 dividend share to buy this month. It is a footwear-focused retailer that owns a growing collection of popular store brands such as HYPEDC, Platypus, and The Athlete's Foot.
Bell Potter is tipping the company as a buy with a $2.50 price target.
As for dividends, the broker is forecasting fully franked dividends per share of 11.8 cents in FY 2024 and then 13.7 cents in FY 2025. Based on the latest Accent share price of $1.95, this represents yields of 6% and 7%, respectively.
Stockland Corporation Ltd (ASX: SGP)
Citi is a fan of this residential and land lease developer and retail, logistics and office real estate property manager and sees it as an ASX 300 dividend share to buy. The broker highlights its "strong medium-term growth outlook and cheap valuation."
Its analysts currently have a buy rating and a $4.60 price target for its shares.
As well as a decent upside, the broker is forecasting some big dividend yields. It expects dividends per share of 27 cents in FY 2024 and FY 2025. Based on the current Stockland share price of $4.01, this will mean yields of 6.7% in both years.
Telstra Group Ltd (ASX: TLS)
Finally, Goldman Sachs believes that Telstra would be a great option for income investors. Particularly given how the "low risk earnings (and dividend) growth that Telstra is delivering across FY22-25, underpinned through its mobile business, is attractive."
Goldman has a buy rating and a $4.70 price target on the company's shares.
In respect to dividends, Goldman is forecasting fully franked dividends per share of 18 cents in FY 2024 and 20 cents in FY 2025. Based on the current Telstra share price of $3.88, this will mean yields of 4.6% and 5.15%, respectively, for investors.
