There are lots of ASX dividend stocks out there for investors to choose from. To narrow things down, let's look at two top options that analysts are tipping as buys.
Here's what sort of dividend yields you can expect from them:
Clearview Wealth Ltd (ASX: CVW)
Clearview Wealth could be an ASX dividend stock to buy according to analysts at Morgans.
It is a life insurance business that partners with financial advisers to help Australians protect their wealth. At present, the company manages over $370 million of inforce premiums and has relationships with over 1,000 Australian Financial Services Licensees, representing over 4,000 financial advisers.
Morgans is a big fan of the company and believes it is well-placed to generate strong earnings growth in the coming years thanks to its transformation program. It said:
CVW's significant multiyear Business Transformation Program has, in our view, shown clear signs of driving improved growth and profitability in recent years. We expect further benefits to flow from this program in the near term, and we see CVW's FY26 key business targets as achievable. With a robust balance sheet, and with our expectations for ~21% EPS CAGR over the next three years, we see CVW's current ~11x FY25F PE multiple as undemanding.
In respect to dividends, the broker is forecasting fully franked dividends of 3.6 cents per share in FY 2025 and 4.3 cents per share in FY 2026. Based on the current Clearview share price of 58 cents, this would mean dividend yields of 6.2% and 7.4%, respectively.
Morgans has an add rating and 81 cents price target on its shares.
Origin Energy Ltd (ASX: ORG)
Over at Goldman Sachs, its analysts think that Origin Energy could be an ASX dividend stock to buy right now.
The broker likes Origin due to its APLNG business, its robust free cash flow generation, and its gas supply portfolio and flexible power firming fleet. The broker explains:
We are Buy rated on ORG considering: APLNG earnings diversification to support strong FCF & returns: We expect electricity markets will remain volatile where ~50% of FY25E EBITDA from APLNG should reduce risk, while supporting a strong 9% FCF yield and 6% dividend yield.
As for income, Goldman is forecasting fully franked dividends per share of 48 cents in FY 2025 and then 58 cents in FY 2026. Based on its current share price of $9.91, this would mean dividend yields of 4.8% and 5.9%, respectively.
The broker currently has a buy rating and $10.75 price target on its shares.
