Are you an income investor looking for dividend shares to buy? If you are, then you might want to read on.
That's because listed below are three top ASX 200 dividend shares that analysts are recommending as buys.
Here's what you need to know about them:
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Charter Hall Group (ASX: CHC)
The first ASX 200 dividend share that could be a buy is Charter Hall. It is a property fund manager and developer across the office, retail, industrial and residential sectors.
Citi is a fan of the company and has a buy rating and $13.50 price target on its shares. It highlights the company's "strong portfolio and management track record."
As for dividends, the broker is forecasting dividends per share of 45 cents in FY 2024 and 48 cents in FY 2025. Based on the current Charter Hall share price of $12.36, this will mean yields of 3.65% and 3.9%, respectively.
Telstra Group Ltd (ASX: TLS)
Another ASX 200 dividend share that analysts rate as a buy is telco giant Telstra.
Goldman Sachs has responded to its half-year results this week by retaining its buy rating with a trimmed price target of $4.55.
In respect to income, the broker continues to forecast 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 $3.90, this equates to fully franked yields of 4.6% and 4.9%, respectively.
Transurban Group (ASX: TCL)
Finally, the team at Citi is also tipping Transurban an ASX 200 dividend share to buy. It manages and develops urban toll road networks in Australia and North America.
The broker responded to Transurban's half-year results earlier this month by retaining its buy rating with a $15.60 price target.
In addition, Citi is now expecting dividends per share of 64 cents in FY 2024 and 65 cents in FY 2025. Based on the current Transurban share price of $12.94, this will mean yields of 4.9% and 5%, respectively.
