Buy these ASX dividend shares for income

Analysts have put buy ratings on these income stocks.

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If you're looking for an income boost from the share market, then it could be worth checking out the ASX dividend shares listed below.

All have recently been named as buys and tipped to provide investors with attractive dividend yields in the near term.

Here's what you need to know about these income options:

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APA Group (ASX: APA)

The first ASX dividend share for investors to look at is APA Group. It is an energy infrastructure business that owns, manages, and operates a diverse portfolio of gas, electricity, solar and wind assets.

The team at Macquarie is feeling positive about the company and believes its long-run of dividend increases can continue for the foreseeable future.

The broker is forecasting dividends per share of 56 cents in FY 2024 and 57.5 cents in FY 2025. Based on the current APA Group share price of $8.37, this equates to 6.7% and 6.9% yields, respectively.

Macquarie has an outperform rating and $9.40 price target on its shares.

IPH Ltd (ASX: IPH)

Another ASX dividend share that analysts are saying good things about is IPH. It is an intellectual property solutions company.

Analysts at Goldman Sachs see a lot of value in the company's shares at current levels. Especially given that the broker believes IPH is "well-placed to deliver consistent and defensive earnings with modest overall organic growth."

In addition, Goldman is forecasting some big yields from its shares. The broker expects fully franked dividends per share of 34 cents in FY 2024 and 37 cents in FY 2025. Based on the current IPH share price of $6.17, this represents yields of 5.5% and 6%, respectively.

Goldman has a buy rating and $8.70 price target on its shares.

Woodside Energy Group Ltd (ASX: WDS)

A final ASX dividend share that could be a good option for income investors is Woodside Energy. It is Australia's largest energy producer and the owner of a world-class portfolio of operations and projects spanning the globe.

Morgans is feeling very positive about Woodside following recent share price weakness. In fact, its analysts "see now as a good time to add to positions."

As for dividends, Morgans is forecasting fully franked dividends of $1.36 per share in FY 2024 and $1.12 per share in FY 2025. Based on the current Woodside share price of $29.45, this equates to 4.6% and 3.9% dividend yields, respectively.

The broker currently has an add rating and $34.20 price target on its shares.

Motley Fool contributor James Mickleboro has positions in Woodside Energy Group. 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 Apa Group and Macquarie Group. The Motley Fool Australia has recommended IPH. 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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