Are you searching for ASX dividend shares to buy when the market reopens?
If you are, then the two named below could be worth checking out.
Here's why they could be buys next week:
Baby Bunting Group Ltd (ASX: BBN)
This leading baby products retailer could be an ASX dividend share to buy according to analysts at Morgans.
The broker believes that the company is over the worst of its issues now and recently increased its "NPAT estimates by 17% in FY24 and 7% in FY25 as a result of cost-out initiatives and higher sales assumptions."
In respect to dividends, its analysts are now forecasting fully franked dividends per share of 9.9 cents in FY 2024 and then 12.9 cents in FY 2024. Based on the current Baby Bunting share price of $1.83, this will mean dividend yields of 5.4% and 7%, respectively.
Morgans has an add rating and a $2.50 price target on its shares.
Lottery Corporation Ltd (ASX: TLC)
Another ASX dividend share that could be a buy is Lottery Corporation. It is the lottery company responsible for the OZ Lotto, Powerball, and Keno brands.
The team at Citi is positive on Lottery Corp and has a buy rating and a $5.70 price target on its shares.
It likes the company due to its defensive qualities and recent price increases. In respect to the latter, the broker believes the market "underestimates the uplift to the contribution margin" from these rises. In addition, its analysts "expect Oz Lotto will normalise from its poor jackpot run and believe there is upside to the company's normalised revenue guidance."
As for income, the broker is forecasting 18 cents per share dividends in both FY 2024 and FY 2025. Based on the latest Lottery Corporation share price of $4.61, this will mean fully franked yields of 3.9%.