The good news for income investors is that there are plenty of ASX 300 dividend shares to choose from on the local market.
But which ones could be buys this month?
Three that analysts think could be top options are listed below. Here's what they are expecting from them:
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Accent Group Ltd (ASX: AX1)
Accent Group could be an ASX 300 dividend stock to buy. It is a leisure footwear retailer with a huge store network across multiple brands including HypeDC, Stylerunner, and The Athlete's Foot.
Bell Potter is very positive on the company and sees value in its shares at current levels. Last month, the broker put a buy rating and $2.50 price target on them.
The broker is also expecting Accent to provide investors with some generous dividend yields in the near term. For example, Bell Potter is forecasting fully franked dividends per share of 13.9 cents in FY 2025 and then 15.8 cents in FY 2026. Based on the latest Accent share price of $2.21, this represents yields of 6.3% and 7.15%, respectively.
BHP Group Ltd (ASX: BHP)
A second ASX 300 dividend stock that could be a buy according to analysts is mining giant BHP. It is one of the world's largest miners with operations across commodities such as copper and iron ore.
Analysts at Morgans think that it could be a great option for anyone looking for mining sector exposure. The broker has an add rating and $48.30 price target on the miner's shares.
Morgans expects BHP's high-quality operations to continue supporting the payment of big dividends in the coming years. It is forecasting fully franked dividends of approximately ~$2.09 per share in FY 2025 and then ~$1.93 per share in FY 2026. Based on the current BHP share price of $40.33, this equates to dividend yields of 5.2% and 4.8%, respectively.
Super Retail Group Ltd (ASX: SUL)
Analysts at Morgans are also feeling positive about Super Retail and see it as an ASX 300 dividend stock to buy. It is the owner of store brands BCF, Supercheap Auto, Macpac, and Rebel.
Last month, the broker put an add rating and $19.79 price target on the retailer's shares.
As for dividends, Morgans is expecting Super Retail to pay fully franked dividends per share of 97 cents in FY 2025 and then 103 cents in FY 2026. Based on its current share price of $17.99, this will mean yields of 5.4% and 5.7%, respectively.
