3 ASX dividend shares to buy with 5%+ yields

Analysts are tipping these buy-rated shares to offer big yields.

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If you're an income investor on the lookout for some big dividend yields, then read on!

That's because there are three ASX dividend shares listed below that could offer investors a combination of decent upside and big yields.

Here's what analysts are expecting from them:

Accent Group Ltd (ASX: AX1)

Footwear retailer Accent could be an ASX dividend share to buy.

That's the view of analysts at Bell Potter, which have a buy rating and a $2.50 price target on its shares.

As for dividends, the broker is forecasting fully franked dividends per share of 11.8 cents in FY 2024 and then 13.7 cents in FY 2025. Based on the latest Accent share price of $1.86, this represents dividend yields of 6.3% and 7.35%, respectively.

Healthco Healthcare and Wellness REIT (ASX: HCW)

Another ASX dividend share that has been given the thumbs up by analysts is Healthco Healthcare and Wellness REIT. It is a leading health and wellness-focused real estate investment trust.

Morgans is a fan of the company and has an add rating and a $1.67 price target on its shares.

In respect to income, it is forecasting dividends per share of 8 cents in both FY 2024 and FY 2025. Based on the current Healthco Healthcare and Wellness REIT unit price of $1.41, this will mean yields of 5.7% in both financial years.

Super Retail Group Ltd (ASX: SUL)

A final ASX dividend share that has been rated as a buy is Super Retail.

Morgans is also feeling very positive about the retail group behind brands such as Rebel and Super Cheap Auto. It has an add rating and a $15 price target on the Rebel and Super Cheap Auto owner's shares.

Its analysts note that in FY 2023 "SUL declared a 25c special dividend, and at this stage we think it will declare another one this time next year."

The broker expects this to underpin fully franked dividends per share of 89 cents in FY 2024 and then 73 cents in FY 2025. Based on the latest Super Retail share price of $14.44, this will mean generous yields of 6.15% and 5%, respectively.

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 positions in and has recommended Super Retail Group. The Motley Fool Australia has recommended Accent Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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