Fortunately for income seekers, the ASX is not short of dividend-paying shares.
But which ones are buys?
Three ASX dividend stocks that analysts think could be good options right now for an income boost are listed below.
Here's what you need to know about them:
Lottery Corporation Ltd (ASX: TLC)
The first ASX dividend stock that Citi rates highly is OZ Lotto, Powerball, and Keno operator, Lottery Corporation.
Citi likes Lottery Corporation due to its defensive qualities and recent price increases. It expects these to underpin an 18 cents per share dividend in both FY 2024 and FY 2025. Based on the latest Lottery Corporation share price of $4.56, this will mean fully franked yields of almost 4%.
The broker has a buy rating and a $5.70 price target on its shares.
Rural Funds Group (ASX: RFF)
Another ASX dividend stock that could be a buy is Rural Funds. It is an agricultural property company with a high-quality portfolio of assets across several categories.
Bell Potter is positive on Rural Funds and believes its shares are very cheap at current levels.
As for income, the broker is expecting dividends per share of 11.7 cents in FY 2024 and FY 2025. Based on the current Rural Funds share price of $1.91, this will mean yields of 6.1% for investors.
Bell Potter has a buy rating and a $2.40 price target on its shares.
Treasury Wine Estates Ltd (ASX: TWE)
Finally, this wine giant could be an ASX dividend stock to buy according to analysts at Goldman Sachs.
The broker believes the company is well-positioned for growth in the coming years. And that's not including any potential uplift in sales should China remove its wine tariffs.
As for dividends, the broker is expecting Treasury Wine to pay fully franked dividends per share of 38 cents in FY 2024, 44 cents in FY 2025, and 47 cents in FY 2026. Based on its current share price of $10.62, this implies yields of 3.6%, 4.1%, and 4.4%.
Goldman has a buy rating and a $13.26 price target on its shares.