If you're looking to boost your passive income in October, then you may want to take a look at the ASX 200 dividend shares listed below.
Here's what sort of dividend yields you can expect from them in the near term:
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Coles Group Ltd (ASX: COL)
The first ASX 200 dividend share that could be a buy according to analysts is supermarket giant Coles.
Citi is a fan of the company and believes "that the market looks too low on sales in FY24." In light of this, it sees now as a great time to invest.
As for dividends, the broker is expecting a fully franked 61 cents per share dividend in FY 2024 and 68 cents per share in FY 2025. Based on the current Coles share price of $15.52, this will mean dividend yields of 3.9% and 4.4%, respectively.
Citi has a buy rating and a $18.30 price target on its shares.
HomeCo Daily Needs REIT (ASX: HDN)
Daily needs-focused property company HomeCo Daily Needs could be another ASX 200 dividend share to buy.
That's the view of analysts at Morgans which believe the company is well-positioned to pay big dividends in the coming years.
The broker is forecasting dividends per share of 8.3 cents in FY 2024 and then 8.5 cents in FY 2025. Based on the current HomeCo Daily Needs share price of $1.16, this will mean yields of 7.15% and 7.3%, respectively.
The broker has an add rating and a $1.39 price target on its shares.
Rio Tinto Ltd (ASX: RIO)
A final ASX 200 dividend share that could be a buy is Rio Tinto. It is of course one of the largest mining companies globally with a collection of world-class operations such as Oyu Tolgoi.
Goldman Sachs is positive on the company and has a buy rating and a $125.20 price target on its shares.
As for income, the broker is forecasting fully franked dividends per share of US$3.47 (A$5.40) in FY 2023 and then US$4.05 (A$6.30) in FY 2024. Based on the latest Rio Tinto share price of $114.31, this will mean yields of 4.4% and 5.5%, respectively.
