Analysts expect big juicy yields from these ASX dividend shares

Here's how big the dividend yields could be for these shares in the near term.

| More on:
Person holding Australian dollar notes, symbolising dividends.

Image source: Getty Images

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

If you want to boost your income portfolio this week, then it could be worth checking out the high-yield ASX dividend stocks listed below.

Here's what analysts are saying about them:

Charter Hall Group (ASX: CHC)

The first ASX dividend share that could be a buy is Charter Hall. It is a property fund manager and developer across the office, retail, industrial and residential sectors.

Citi remains very positive on the company. In fact, its analysts have a buy rating and a lofty $14 price target on its shares. This implies a huge upside from current levels.

The broker is also expecting some generous dividend yields in the near term. It 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 $9.20, this will mean yields of 4.9% and 5.2%, respectively.

Dexus Industria REIT (ASX: DXI)

Another ASX dividend share 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 a fan of the company and has an add rating and a $3.19 price target on its shares.

The broker is also 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 $2.57, this will mean dividend yields of 6.3% and 6.5%, respectively.

Dicker Data Ltd (ASX: DDR)

A final ASX dividend share that could be a buy is Dicker Data. It is a leading technology hardware, software, cloud, and cybersecurity distributor.

The team at Morgan Stanley is bullish on the company and has an outperform rating and $11.00 price target on its shares.

As for income, its analysts are forecasting fully franked dividends per share of 43.8 cents in FY 2023 and 48.8 cents in FY 2024. Based on the latest Dicker Data share price of $9.69, this will mean yields of 4.5% and 5%, respectively.

Citigroup is an advertising partner of The Ascent, a Motley Fool company. Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Dicker Data. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

More on Dividend Investing

The hands of three people are cupped around soil holding three small seedling plants that are grouped together in the centre of the shot with the arms of the people extending into the edges of the picture representing ASX growth shares and it being a good time to buy for future gains
Dividend Investing

3 ASX shares that I rate as buys for both growth and dividends

These businesses could provide excellent total returns.

Read more »

Busy freeway and tollway at dusk
Industrials Shares

This high-yield ASX dividend stock is near its 52-week low – is it a buy?

The toll-road operator's high dividend comes with a warning.

Read more »

Woman thinking in a supermarket.
Dividend Investing

I'd buy this ASX dividend stock in any market

This business is a great option for dividends.

Read more »

Two people having a meeting using a laptop and tablet to discuss Seven West Media's balance sheet
Dividend Investing

3 strong ASX dividend shares to buy for your SMSF

Let's take a look at three shares that could be great ideas for SMSF investors.

Read more »

An ASX dividend investor lies back in a deck chair with his hands behind his head on a quiet and beautiful beach with blue sky and water in the background.
Dividend Investing

$20,000 in savings? Here's how that could become $10,000 a year in passive income

Here's how to get that snowball rolling...

Read more »

A group of friends cheer around a smart phone.
Dividend Investing

Smart investors are betting on this ASX passive income stock

Experts think this stock is set for a good year.

Read more »

man looks at phone while disappointed
Dividend Investing

Brokers say buy Telstra and these ASX dividend stocks this month

Here's why they are bullish on these income stocks.

Read more »

Man looking amazed holding $50 Australian notes, representing ASX dividends.
Dividend Investing

These amazing ASX dividend shares offer 5.8% to 6.8% yields in 2026

These shares could be worth a closer look if you're an income investor.

Read more »