A new month is almost here, so what better time to make some new additions to your income portfolio.
But which ASX dividend stocks could be buys? Let's take a look at five that analysts rate as buys. They are as follows:
APA Group (ASX: APA)
Analysts at Macquarie think that APA Group could be an ASX dividend stock to buy. It is an energy infrastructure business that owns and operates a world class portfolio of gas, electricity, solar and wind assets.
Macquarie has an outperform rating with a $8.23 price target on its shares.
As for dividends, it is forecasting dividends of 57 cents per share in FY 2025 and 57.5 cents per share in FY 2026. Based on the current APA Group share price of $7.06, this equates to 8.1% and 8.2% dividend yields, respectively.
Dexus Convenience Retail REIT (ASX: DXC)
Over at Morgans its analysts are tipping Dexus Convenience Retail REIT as an ASX dividend stock to buy. It is the owner of a portfolio of service station and convenience retail assets.
Morgans has an add rating and $3.25 price target on its shares.
As for dividends, the broker is forecasting dividends per share of 20.6 cents in FY 2025 and then 21.5 cents in FY 2025. Based on its current share price of $2.95, this implies yields of 7% and 7.3%, respectively.
Endeavour Group Ltd (ASX: EDV)
Goldman Sachs thinks that Endeavour Group is an ASX dividend stock to buy. It is the drinks giant behind the Dan Murphy's and BWS brands.
The broker has a buy rating and $6.20 price target on its shares.
In respect to income, the broker is forecasting fully franked dividends of 22 cents per share in FY 2025 and then 24 cents per share in FY 2026. Based on the current Endeavour share price of $4.72, this will mean dividend yields of 4.7% and 5.1%, respectively.
SRG Global Ltd (ASX: SRG)
The team at Bell Potter says that SRG Global could be an ASX dividend stock to buy. It is a diversified industrial services group that provides multidisciplinary construction, maintenance, production drilling and geotechnical services.
Bell Potter has a buy rating and $1.40 price target on its shares.
As for dividends, the broker believes SRG Global will pay fully franked dividends of 5 cents in FY 2025 and then 6 cents in FY 2026. Based on its current share price of $1.13, this will mean dividend yields of 4.4% and 5.3%, respectively.
Super Retail Group Ltd (ASX: SUL)
Finally, Morgans thinks that Super Retail is an ASX dividend stock to buy. It is the retailer behind popular brands such as Supercheap Auto and Rebel.
The broker currently has an add rating and $19.79 price target on its shares.
In respect to income, the broker expects 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 $17.59, this will mean yields of 5.5% and 5.85%, respectively.
