If you're looking for options for your income portfolio, then you may want to check out the two high-yield ASX dividend shares listed below.
Here's what analysts at Citi are saying about these income options right now:
ANZ Group Holdings Ltd (ASX: ANZ)
The first ASX dividend share that could be a buy is banking giant ANZ.
Citi continues to believe that ANZ is the bank to buy in the current environment. This is because it sees its "unique capabilities as set to deliver relative outperformance in the current market conditions."
Another positive is that the broker is expecting ANZ's shares to provide investors with some big dividend yields in the near term.
Citi is forecasting fully franked dividends of 164 cents per share in FY 2023 and then 166 cents per share in FY 2024 and FY 2025. Based on the current ANZ share price of $25.82, this will mean yields of 6.3% and 6.4%, respectively.
The broker has a buy rating and a $27 price target on its shares.
Charter Hall Group (ASX: CHC)
Another ASX dividend share that Citi thinks could be a buy for income investors is Charter Hall. It is a property fund manager and developer across the office, retail, industrial and residential sectors.
Citi's analysts remain very positive on the company and "see the stock as cheap at these levels, especially given a strong portfolio and management track record."
As with ANZ, the broker is also expecting some generous dividend yields in the near term. It is forecasting dividends per share of 45 cents in FY 2024 and 48 cents in FY 2025. Based on the current Charter Hall share price of $9.24, this will mean yields of 4.9% and 5.2%, respectively.
Citi has a buy rating and a $14 price target on the company's shares.