If you are on the lookout for some big dividend yields, then look no further.
Analysts believe that these buy rated ASX 200 dividend stocks will offer income investors generous yields of 5% to 7% in the near term.
Here's what you need to know about these stocks now:
Eagers Automotive Ltd (ASX: APE)
The first ASX 200 dividend stock that could be a buy is Eagers Automotive. It is a leading automotive retail group which has been around for over a century.
Bell Potter is positive on the company and believe that significant share price weakness this year has created a buying opportunity for investors. It also notes that the 28% decline in its share price means that above-average dividend yields are now on offer for income investors.
It is forecasting fully franked dividends of 64.5 cents per share in FY 2024 and then 73 cents per share in FY 2025. Based on its current share price of $10.40, this represents dividend yields of 6.2% and 7%, respectively.
Bell Potter has a buy rating and $13.35 price target on its shares.
Inghams Group Ltd (ASX: ING)
The team at Morgans is tipping Inghams as an ASX 200 dividend stock to buy. It is Australia's leading poultry producer and supplier.
Its analysts think that Ingham's shares are "undervalued" at current levels. This is especially the case given its market leadership and favourable consumer trends.
Another positive is that the broker believes the company is positioned to pay some generous dividends in the near term. It 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 $3.82, this equates to dividend yields of 5.75%.
Morgans has an add rating and $4.25 price target on its shares.
Woodside Energy Group Ltd (ASX: WDS)
A final ASX 200 dividend stock that could be a great option for income investors is Woodside.
Morgans is a fan of the energy giant and notes that "increasing our conviction in our [buy] call is the progress WDS is making through the current capex phase, while maintaining a healthy balance sheet and healthy dividend profile."
The broker expects this to lead to Woodside paying fully franked dividends of $1.25 per share in FY 2024 and then $1.57 per share in FY 2025. Based on the current Woodside share price of $25.49, this represents dividend yields of 4.9% and 6.15%, respectively.
Morgans also sees significant upside for its shares. It has an add rating and $36.00 price target on them.
