If you're looking for some juicy dividend yields, then it could be worth checking out the two high-yield ASX dividend shares listed below.
Both have recently been named as buys and tipped to offer above-average yields this year and next. Here's what you need to know:
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Accent Group Ltd (ASX: AX1)
The first high-yield ASX dividend share to look at is Accent. It is a footwear retailer that owns a growing collection of popular store brands.
Bell Potter is positive on the company and was pleased with its recent trading update. It highlights that "steady gross margins is a good outcome in a tough retail environment."
As for income, the broker is forecasting fully franked dividends per share of 12 cents in FY 2024 and then 14.1 cents in FY 2025. Based on the latest Accent share price of $1.71, this would mean yields of 7% and 8.2%, respectively.
Bell Potter has a buy rating and a $2.50 price target on its shares.
Dalrymple Bay Infrastructure Ltd (ASX: DBI)
Another high-yield ASX dividend share that has been named as a buy is Dalrymple Bay Infrastructure.
It is an infrastructure company and the long-term operator of the Dalrymple Bay Coal Terminal (DBCT).
Citi is positive on the company. Its analysts recently commented that "we estimate distributions (which are now franked) can continue to grow at a solid rate."
The broker expects dividends per share of approximately 21 cents in FY 2023 and 22 cents in FY 2024. Based on the latest Dalrymple Bay Infrastructure share price of $2.73, this will mean yields of 7.7% and 8.1%, respectively.
Citi has a buy rating and a $3 price target on the company's shares.
