Are you an income investor on the hunt for new portfolio additions this week?
If you are, you might want to check out the two ASX 200 dividend shares named below.
That's because analysts are tipping them as buys and forecasting them to provide investors with a combination of major upside and great dividend yields.
Here's what they are saying about these dividend shares:
Coronado Global Resources Inc (ASX: CRN)
The first ASX 200 dividend share that could be a buy according to analysts is Coronado Global Resources.
It is the largest pure play met coal producer in Australia delivering into global export markets with total sales of 15.6Mt in 2023.
The team at Bell Potter is feeling very positive about the company and thinks it could be a great option for income investors right now.
The broker notes that from "late CY24, CRN's production profile will de-risk with the introduction of 1.5-2.0Mtpa incremental saleable production from its less weather-affected and lower cost Mammoth Underground Project."
Its analysts are expecting this to underpin the payment of partially franked dividends of 10 cents per share in FY 2025 and then 8.6 cents per share in FY 2026. Based on its current share price of 94 cents, this equates to massive dividend yields of 10.6% and 9.1%, respectively.
Bell Potter also sees potential for huge capital gains. The broker currently has a buy rating and $1.60 price target on its shares.
Super Retail Group Ltd (ASX: SUL)
Goldman Sachs remains very positive on Super Retail and thinks it could be an ASX 200 dividend share to buy.
It is the retail conglomerate responsible for the BCF, MacPac, Supercheap Auto, and Rebel store brands.
Goldman is bullish on Super Retail and this morning reaffirmed its view that the company is its top pick of the ANZ domestic discretionary stocks. It notes that it "is one of the few retailers in Australia that has both a space and sales productivity lever that we expect the company to be able to pull."
It also highlights that at just 14x estimated FY 2025 earnings, Super Retail remains "better value" compared to other discretionary retail coverage peers.
As for income, the broker is forecasting fully franked dividends per share of 67 cents in FY 2025 and then 73 cents in FY 2026. Based on its current share price of $14.54, this will mean yields of 4.6% and 5%, respectively.
Goldman Sachs has a buy rating and $17.60 price target on its shares.
