Investors who are looking for dividend options might want to keep reading.
That's because listed below are three ASX dividend shares that analysts are recommending as buys ahead of 2024.
Here's what you need to know about them:
ANZ Group Holdings Ltd (ASX: ANZ)
If you don't already have meaningful exposure to the banking sector, then ANZ could be a good ASX dividend share to buy. That's the view of analysts at Goldman Sachs, which like the bank due to its lucrative institutional operations.
Goldman Sachs currently has a buy rating and a $26.66 price target on its shares.
In respect to income, the broker is forecasting fully franked dividends per share of $1.62 in both FY 2024 and FY 2025. Based on the current ANZ share price of $24.61, this will mean dividend yields of 6.6%.
MotorCycle Holdings Ltd (ASX: MTO)
Over at Morgans, its analysts think that this leading motorcycle dealership and accessories company could be an ASX dividend share to buy with a $2.60 price target.
Particularly given that its shares are trading on such low price-to-earnings multiples at present and offer some very large potential dividend yields.
In respect to the latter, the broker is forecasting the company to pay fully franked dividends per share of 20 cents in both FY 2024 and FY 2025. Based on the current MotorCycle Holdings share price of $2.18, this means dividend yields of 9.2%.
Telstra Group Ltd (ASX: TLS)
Another ASX dividend share that ticks a lot of boxes for analysts is telco giant Telstra.
The team at Goldman Sachs continues to rate the company's shares as a buy with a $4.70 price target.
As for income, the broker is forecasting fully franked dividends of 18 cents per share in FY 2024 and then 20 cents per share in FY 2025. Based on the current Telstra share price of $3.83, this equates to fully franked yields of 4.7% and 5.2%, respectively.
