Buy these ASX dividend stocks for 4% to 7% yields

Analysts think these buy-rated stocks will pay generous dividends in the near term.

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Are you looking for some new additions to your income portfolio in November?

If you are, then the three ASX dividend stocks listed below could be worth considering.

Here's what sort of dividend yields brokers are forecasting from these buy-rated stocks in the near term:

Happy young woman saving money in a piggy bank.

Image source: Getty Images

Aspen Group Limited (ASX: APZ)

The first ASX dividend stock that brokers are tipping as a buy is Aspen Group. It is a leading provider of quality affordable accommodation across residential, land lease, and holiday park communities.

Bell Potter likes the company because of its strong track record and high return on equity focus. The latter is on sub-sectors that are non-fungible and repeatable over time.

In respect to dividends, Bell Potter is forecasting dividends per share of 9.5 cents in FY 2025 and then 10.3 cents in FY 2026. Based on the current Aspen share price of $2.20, this will mean dividend yields of 4.3% and 4.7%, respectively.

The broker has a buy rating and $2.40 price target on its shares.

Clearview Wealth Ltd (ASX: CVW)

Clearview Wealth could be another 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.

Morgans believes its transformation program will underpin strong earnings and dividend growth in the coming years. In respect to the latter, the broker is forecasting fully franked dividends of 3.6 cents per share in FY 2025 and then 4.3 cents per share in FY 2026. Based on the current Clearview share price of 52.5 cents, this would mean dividend yields of 6.8% and 8.2%, respectively.

Morgans has an add rating and 81 cents price target on its shares.

Origin Energy Ltd (ASX: ORG)

A third ASX dividend stock that could be a buy is Origin Energy. It is a leading provider of electricity, gas, LPG, solar and internet to homes and businesses across the country.

The team at Goldman Sachs is positive on the company. The broker expects its "APLNG earnings diversification to support strong FCF & returns." It highlights that "~50% of FY25E EBITDA from APLNG should reduce risk, while supporting a strong 9% FCF yield."

In respect to dividends, the broker 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 $9.67, this would mean dividend yields of 5% and 6%, respectively.

Goldman Sachs has a buy rating and $10.45 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 Aspen Group and Goldman Sachs Group. The Motley Fool Australia has recommended Aspen Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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