2 ASX 200 dividend stocks for income investors in October

Brokers are saying good things about these dividend stocks.

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If you're an income investor looking for ASX 200 dividend stocks to buy, then you may want to check out the two named below.

That's because analysts are tipping these shares as buys for investors in October. They are as follows:

Centuria Industrial REIT (ASX: CIP)

The first ASX dividend 200 stock that has been named as a buy is Centuria Industrial.

It is Australia's largest domestic pure-play industrial property investment company. Management notes that its portfolio of high-quality industrial assets is situated in urban infill locations throughout Australia and is underpinned by a quality and diverse tenant base.

UBS is a fan of the company and feels that its resilient income profile is attractive in the current environment. The broker has a buy rating and a $3.71 price target on its shares.

As for income, UBS is forecasting dividends per share of 16 cents in both FY 2024 and FY 2025. Based on the current Centuria Industrial share price of $3.03, this represents dividend yields of 5.3% in both years.

Endeavour Group Ltd (ASX: EDV)

Another ASX 200 dividend stock that could be a buy in October is Endeavour Group. It is the owner of BWS and Dan Murphy's, as well as a large network of hotels.

Goldman Sachs is bullish on the company due to its "attractive valuation for a clear leader in a staples retailer." The broker has a buy rating and a $6.60 price target on the company's shares.

In respect to dividends, Goldman is forecasting fully franked dividends of approximately 22 cents per share in FY 2024 and 24 cents per share in FY 2025. Based on the current Endeavour share price of $5.28, this equates to yields of 4.2% and 4.5%, respectively.

Motley Fool contributor James Mickleboro has positions in Endeavour Group. 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 no position in any of the stocks mentioned. 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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