Analysts name 4 ASX dividend shares to buy for passive income

Let's see what sort of income these shares could provide investors.

| More on:

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

Wanting some new ASX dividend shares for a source of passive income?

If you are then take a look at the four listed below that analysts think could be top buys right now.

Here's what you need to know about them:

A woman relaxes on a yellow couch with a book and cuppa, and looks pensively away as she contemplates the joy of earning passive income.

Image source: The Motley Fool

Healthco Healthcare and Wellness REIT (ASX: HCW)

The team at Bell Potter sees Healthco Healthcare and Wellness REIT as a top ASX dividend share to buy right now. It is a property company with a focus on health and wellness assets. This includes hospitals, aged care facilities, and primary care properties.

Bell Potter believes the company will be in a position to pay 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 $1.17, this will mean dividend yields of 7.2% and 7.4%, respectively.

The broker currently has a buy rating and $1.50 price target on its shares.

IPH Ltd (ASX: IPH)

Goldman Sachs thinks leading intellectual property solutions company IPH is an ASX dividend share to buy.

The broker expects IPH's defensive earnings and organic growth to allow it to pay fully franked dividends per share of 37 cents in FY 2025 and then 40 cents in FY 2026. Based on the current IPH share price of $5.66, this represents yields of 6.5% and 7.1%, respectively.

Goldman has a buy rating and $8.25 price target on its shares.

Rural Funds Group (ASX: RFF)

Another ASX dividend share that could be a buy is Rural Funds. It is a growing property company that owns a portfolio of assets across a number of agricultural industries.

Analysts at Bell Potter are positive on the company's outlook and feel that its shares are undervalued.

The broker is also forecasting some attractive dividend yields. It is expecting dividends per share of 11.7 cents in FY 2025 and then 12.2 cents in FY 2026. Based on the current Rural Funds share price of $1.94, this will mean yields of 6% and 6.3%, respectively.

Bell Potter has a buy rating and $2.50 price target on its shares.

SRG Global Ltd (ASX: SRG)

A final ASX dividend share that could be a top buy according to analysts is SRG Global. It is a diversified industrial services group that provides multidisciplinary construction, maintenance, production drilling and geotechnical services.

Bell Potter is also positive on this company. It highlights that its "short-to-medium term outlook is reinforced by Government-stimulated construction activity."

The broker believes this will underpin the payment of fully franked dividends of 5 cents in FY 2025 and then 6 cents in FY 2026. Based on its current share price of $1.18, this will mean dividend yields of 4.2% and 5.1%, respectively.

Bell Potter has a buy rating and $1.40 price target on its shares.

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Goldman Sachs Group. The Motley Fool Australia has positions in and has recommended Rural Funds Group. The Motley Fool Australia has recommended IPH and Srg Global. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

More on Dividend Investing

a graph indicating escalating results
Dividend Investing

$2,000 buys 45 shares in an impressively reliable ASX dividend stock

This may be the most reliable ASX share for dividends.

Read more »

Woman holding $50 notes with a delighted face.
Dividend Investing

2 ASX dividend gems I'd buy today for $10,000 a year in passive income

If it’s an extra $10,000 a year in passive income you’re after, you’ll want to check out these two ASX…

Read more »

Flying Australian dollars, symbolising dividends.
Dividend Investing

2 ASX passive income ideas I'd use to generate $400 a month in 2027

These businesses have large dividend yields and pleasing outlooks.

Read more »

Piles of increasing coins on Australian $100 notes.
Dividend Investing

3 ASX shares with dividend yields of between 6% and 11%

If you're looking for income, these shares are worth a look.

Read more »

A smiling woman in a hat holding a ticket takes selfie inside a Qantas plane next to the window.
Dividend Investing

How many Qantas shares do I need to buy for $5,000 of passive income in FY27?

Suspended during the global pandemic, Qantas shares resumed paying dividends in 2025.

Read more »

Middle age caucasian man smiling confident drinking coffee at home.
Dividend Investing

Where to invest $5,000 into ASX dividend shares

Looking for income options? Here are three to consider buying right now.

Read more »

Two friends giving each other a high five at the top pf a hill.
Dividend Investing

Why it could be time to shift from growth to income: Expert

The growth and income landscape is shifting in 2026.

Read more »

Stacks of Australian dollar currency banknotes.
Dividend Investing

33 ASX shares going ex-dividend next week

They include Ramelius Resources, Qantas, South32, Flight Centre, Lovisa, and A2 Milk shares.

Read more »