Brokers name 2 ASX 200 dividend shares to buy

Looking for income? Check out these buy-rated shares.

The Australian share market has a large amount of ASX dividend shares to choose from right now.

But which ones could be buys for investors in March?

Two that brokers are feeling particularly positive about at the moment are listed below.

Here's what sort of dividend yields and capital gains you can expect from them:

Broker looking at the share price on her laptop with green and red points in the background.

Image source: Getty Images

Centuria Industrial REIT (ASX: CIP)

The first ASX 200 dividend share that could be a buy in March according to analysts is Centuria Industrial.

Centuria Industrial is Australia's largest domestic pure play industrial property investment company. Its portfolio includes 88 high-quality, fit-for-purpose industrial assets worth a collective $3.8 billion. Management notes that the assets are situated in key in-fill locations and close to key infrastructure.

The team at UBS rates the company highly and responded positively to its recent half-year results last month. It has a buy rating and $3.71 price target on its shares.

The broker also continues to expect some attractive yields from its shares. It is forecasting Centuria Industrial to pay dividends per share of 16 cents in both FY 2024 and in FY 2025. Based on the current Centuria Industrial share price of $3.38, this represents yields of 4.7% in both years.

Super Retail Group Ltd (ASX: SUL)

Another ASX 200 dividend share that has been rated as a buy is Super Retail.

It is the retail conglomerate behind popular brands BCF, Macpac, Rebel, and Super Cheap Auto.

Goldman Sachs is feeling very positive about the retailer and has a $17.80 price target on its shares.

In response to Super Retail's half-year results, its analysts said "we believe the 1H24 result was high quality and the strategic growth plan is intact. Specifically, core to our Buy thesis."

As for dividends, the broker is forecasting fully franked dividends per share of 67 cents in FY 2024 and then 73 cents in FY 2025. Based on the latest Super Retail share price of $14.84, this will mean good yields of 4.5% and 4.9%, 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. The Motley Fool Australia has positions in and has recommended Super Retail 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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