These ASX dividend shares could be top buys in November

If you're wanting to generate passive income from the share market, then the ASX dividend shares listed below could be good options.

They have been rated as buys by analysts and tipped to provide investors with decent dividend yields. Here's what you need to know about them:

Challenger Ltd (ASX: CGF)

Goldman Sachs thinks that this annuities company could be an ASX dividend share to buy right now.

The broker likes Challenger due to its "exposure to the growing superannuation market" and its belief that "higher yields should drive a favorable sales environment for retail annuities."

It is expecting this to underpin fully franked dividends of 27 cents per share in FY 2025 and then 28 cents per share in FY 2026. Based on the current Challenger share price of $6.05, this will mean dividend yields of 4.5% and 4.6%, respectively.

Goldman Sachs currently has a buy rating and $7.82 price target on its shares.

Healthco Healthcare and Wellness REIT (ASX: HCW)

Another ASX dividend share that is being tipped as a buy for income investors is the Healthco Healthcare and Wellness REIT.

It is a real estate investment trust with a focus on healthcare and wellness assets. This includes hospitals, aged care, childcare, government, life sciences and research, and primary care and wellness properties.

Morgans is very positive on the company and believes it is well-placed to pay big dividends. It is forecasting dividends per share of 8.4 cents in FY 2025 and then 8.8 cents FY 2026. Based on the current Healthco Healthcare and Wellness REIT unit price of $1.15, this will mean yields of 7.3% and 7.7%, respectively.

Morgans currently has an add rating and $1.51 price target on its shares.

Telstra Group Ltd (ASX: TLS)

Finally, the team at Goldman Sachs also thinks that income investors should be buying this telco giant's shares.

The broker continues to see a lot of value in Telstra's shares at current levels. This is particularly the case given its low risk growth outlook.

In addition, Goldman Sachs is expecting some great yields from its shares in the near term. The broker is forecasting fully franked dividends of 19 cents per share in FY 2025 and then 20 cents per share in FY 2026. Based on the current Telstra share price of $3.82, this equates to yields of 5% and 5.2%, respectively.

Goldman Sachs currently has a buy rating and $4.35 price target on the ASX dividend share.