The average dividend yield on the Australian share market is historically around 4%.
But investors don't have to settle for that. Not when there are high-yield ASX dividend stocks out there offering far more.
For example, three buy-rated stocks that are expected to offer 7%+ dividend yields are listed below. Here's what you need to know about them:
APA Group (ASX: APA)
Analysts at Macquarie think that APA Group could be an ASX dividend stock to buy. It is a leading energy infrastructure company with a portfolio of high-quality, cash-generating assets.
Macquarie believes these assets leave the company well-placed to continue its long run of dividend increases. It is forecasting dividends per share of 57 cents in FY 2025 and then 58.5 cents in FY 2026. Based on the current APA Group share price of $7.58, this equates to 7.5% and 7.7% dividend yields, respectively.
The broker has an outperform rating and $8.47 price target on them.
GDI Property Group Ltd (ASX: GDI)
Another ASX dividend stock that could offer big yields is GDI Property. It is a property owner and fund manager with investments across Sydney, Brisbane, Perth, South East Queensland, and North Queensland.
Bell Potter is positive on the company and highlights that it "continues to screen attractively from a sector-relative basis value perspective (-45% discount to NTA, -31% discount to BPe NAV) which we think should narrow in time."
In addition, it is expecting dividends per share of 5 cents in both FY 2025 and FY 2026. Based on the current GDI Property share price of 68 cents, this equates to dividend yields of 7.3% for both years.
The broker has a buy rating and 80 cents price target on its shares.
Healthco Healthcare and Wellness REIT (ASX: HCW)
Another ASX dividend stock that analysts think could provide big yields is HealthCo Healthcare & Wellness REIT. It is a real estate investment trust with a mandate to invest in hospitals, aged care, childcare, government, life sciences and research, and primary care and wellness property assets.
Bell Potter is also a fan of the company. This is due partly to its "significant scope for growth with an estimated $218 billion addressable market."
In respect to income, the broker is expecting dividends of 8.4 cents per share for FY 2025 and then 8.7 cents per share in FY 2026. Based on the current Healthco Healthcare and Wellness REIT unit price of $1.20, this will mean dividend yields of 7% and 7.25%, respectively.
Bell Potter currently has a buy rating and $1.50 price target on its shares.
