Here are 3 ASX 200 dividend shares analysts love

These dividend shares have been given the thumbs up by analysts.

| More on:
Businessman smiles with arms outstretched after receiving good news.

Image source: Getty Images

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

Are you on the lookout for some new additions to your income portfolio?

If you are, then it could be worth checking out the three ASX 200 dividend shares named below that analysts have rated as buys.

Here's what sort of yields they are forecasting from these shares:

Aurizon Holdings Ltd (ASX: AZJ)

The first ASX 200 dividend share that analysts rate highly is Aurizon. It is a national rail and road network operator which connects miners, primary producers, and industry with export and domestic markets.

The team at Macquarie is positive on Aurizon and has an outperform rating and $4.04 price target on its shares.

The broker also expects some attractive dividend yields. It is forecasting partially franked dividends of 19.1 cents per share in FY 2024 and then 24.5 cents per share in FY 2025. Based on the latest Aurizon share price of $3.78, this will mean yields of 5% and 6.5%, respectively.

NIB Holdings Limited (ASX: NHF)

Another ASX 200 dividend share that analysts have named as a buy by analysts is private health insurer, NIB.

Goldman Sachs likes NIB because it "offers defensive exposure to the private health insurance sector which is experiencing favourable operating trend."

It expects this to underpin the payment of fully franked dividends per share of 29 cents in FY 2024 and 33 cents in FY 2025. Based on the current NIB share price of $7.55, this will mean 3.85% and 4.4%, respectively.

The broker currently has a buy rating and $8.40 price target on its shares.

Telstra Group Ltd (ASX: TLS)

A third ASX 200 dividend share that analysts are bullish on is Australia's largest telecommunication company, Telstra.

Goldman Sachs is particularly positive on the company due to its "low risk earnings (and dividend) growth." It has a buy rating and $4.70 price target on its shares.

As for income, the broker is forecasting fully franked dividends of 18 cents per share in FY 2024 and then 19 cents per share in FY 2025. Based on the current Telstra share price of $3.91, this equates to fully franked yields of 4.6% and 4.85%, 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 positions in and has recommended Goldman Sachs Group and Macquarie Group. The Motley Fool Australia has positions in and has recommended Macquarie Group, NIB Holdings, and Telstra Group. The Motley Fool Australia has recommended Aurizon. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

More on Dividend Investing

Side view of a happy senior woman smiling while drawing as a recreational activity or therapy outdoors together with the group of retired women.
Retirement

2 premier ASX shares for your retirement fund

These stocks could help anyone enjoy a comfortable retirement.

Read more »

Couple holding a piggy bank, symbolising superannuation.
Retirement

Why Coles shares are a retiree's dream

Coles could be one of the best picks for reliable cash returns…

Read more »

$50 dollar notes jammed in the fuel filler of a car.
Energy Shares

Dividend investors: Premier ASX energy shares to buy in December

Top ASX energy shares offering standout dividends this December.

Read more »

Australian dollar notes in the pocket of a man's jeans, symbolising dividends.
Dividend Investing

This ASX income ETF is trading on a 7% yield right now

You'd be hard pressed to find a stock that matches this yield...

Read more »

Australian dollar notes in the pocket of a man's jeans, symbolising dividends.
Dividend Investing

Looking for strong dividend yields? Look no further than these energy stocks

While traditionally seen as growth stocks, many ASX-listed energy companies are paying healthy dividends at the moment.

Read more »

female in hard hat crosses fingers
Resources Shares

Will Mineral Resources shares resume dividends in 2026?

Mineral Resources hasn't paid a dividend since 1H FY24. Here's what the miner said about dividends recently.

Read more »

A man smiles as he holds bank notes in front of a laptop.
Dividend Investing

3 excellent Australian dividend shares to buy with $1,000

Let's see why these shares could be worth considering if you are an income investor.

Read more »

A golden egg with dividend cash flying out of it
Dividend Investing

A top Australian dividend stock with a 12% yield to buy in December 2025

Could you say no to a 12% yield?

Read more »