Do you have room in your income portfolio for some new additions this week?
If you do, then it could be worth checking out the ASX 300 dividend shares listed below that have been named as buys.
Here's what you need to know about them:
Dexus Convenience Retail REIT (ASX: DXC)
Bell Potter thinks that Dexus Convenience Retail REIT could be a great ASX 300 dividend share to buy right now. It is a property company that owns a portfolio of service station and convenience retail assets that are located across Australia and concentrated on the eastern seaboard.
Bell Potter is positive on the company's outlook. Its analysts recently stated that they believe there's "plenty of fuel left in the tank."
In respect to income, the broker is forecasting dividends per share of 20.7 cents in FY 2024 and then 21.7 cents in FY 2025. Based on its current share price of $2.79, this implies dividend yields of 7.4% and 7.8%, respectively.
Bell Potter has a buy rating and $3.00 price target on its shares.
Orora Ltd (ASX: ORA)
Goldman Sachs thinks that Orora could be an ASX 300 dividend share to buy now.
The broker believes the packaging company's shares are undervalued, particularly given its defensive qualities. It also highlights that "the current market implied valuation of Saverglass provides a favourable risk-reward skew."
As for dividends, Goldman is expecting some good yields from its shares in the near term. It is forecasting dividends per share of 9 cents in FY 2024 and then 8 cents in FY 2025. Based on the current Orora share price of $1.90, this will mean yields of 4.7% and 4.2%, respectively.
Goldman has a buy rating and $2.70 price target on its shares.
Woodside Energy Group Ltd (ASX: WDS)
Over at Morgans, its analysts think Woodside could be an ASX 300 dividend share to buy.
Its analysts "see now as a good time to add to positions" following recent share price weakness. Particularly given its high-quality earnings.
In addition, the broker is expecting some great yields in the near term. It is forecasting fully franked dividends of $1.28 per share in FY 2024 and $1.54 per share in FY 2025. Based on its current share price of $25.49, this will mean yields of 5% and then 6%.
The broker has an add rating and $35.00 price target on Woodside's shares.
