If you are wanting to make some new additions to your income portfolio, then it could be worth checking out the ASX dividend shares listed below.
That's because they have not only been named as buys by analysts at Morgans but tipped to provide investors with great dividend yields.
Here's what you need to know about these income options:
Dalrymple Bay Infrastructure Ltd (ASX: DBI)
The first ASX dividend share that Morgans thinks could provide income investors with big dividend yields is Dalrymple Bay Infrastructure.
It is the long-term operator of the Dalrymple Bay Coal Terminal in Queensland.
Morgans believes the company is well-placed to pay some big dividends in the near term. The broker is forecasting dividends per share of 22 cents in FY 2024 and then 22.9 cents in FY 2024.
Based on the latest Dalrymple Bay Infrastructure share price of $3.03, this will mean very large dividend yields of 7.25% and 7.6%, respectively.
Morgans has an add rating and $3.05 price target on its shares.
Dexus Convenience Retail REIT (ASX: DXC)
Morgans also thinks that Dexus Convenience Retail REIT could be an ASX dividend share to buy right now.
It is a property company that owns a portfolio of service station and convenience retail assets located across Australia and concentrated on the eastern seaboard.
Its analysts are positive on the company's outlook and believe it is positioned to pay some big dividends in the near future. The broker is forecasting dividends per share of 21 cents in both FY 2024 and FY 2025. Based on its current share price of $2.81, this implies a dividend yield of 7.5% for both years.
The broker has an add rating and $3.23 price target on its shares.
Inghams Group Ltd (ASX: ING)
Finally, Morgans thinks that Inghams could be another ASX dividend share to buy right now. It is Australia's leading poultry producer and supplier.
It likes Inghams due to its leadership position in the poultry market, favourable consumer eating trends, and its attractive valuation. In fact, its analysts have described Ingham's shares as "undervalued" at current levels following significant weakness this year.
In respect to dividends, Morgans is forecasting fully franked dividends of 22 cents per share in both FY 2024 and FY 2025. Based on the current Inghams share price of $3.59, this equates to dividend yields of 6.1% for both years.
Morgans currently has an add rating and $4.25 price target on its shares.
