Brokers have been busy running the rule over a number of ASX dividend stocks in recent times.
Three that have come out with buy ratings are listed below. Here's what brokers are saying about them and why they could be top options for income investors right now:
Centuria Industrial REIT (ASX: CIP)
The first ASX dividend stock that could be in the buy zone is Centuria Industrial.
That's the view of analysts at UBS, which think that Australia's largest domestic pure play industrial property investment company could be a top option. Particularly given its attractive valuation and positive long term fundamentals.
As for income, the broker is forecasting Centuria Industrial to pay dividends per share of 16 cents in FY 2025 and then 17 cents in FY 2026. Based on the current Centuria Industrial share price of $2.97, this represents dividend yields of 5.4% and 5.7%, respectively.
UBS has a buy rating and $3.80 price target on its shares.
National Storage REIT (ASX: NSR)
Another ASX dividend stock that brokers are positive on is National Storage.
It is the largest self-storage provider in Australia and New Zealand, with over 250 locations providing tailored storage solutions to in excess of 97,000 residential and commercial customers.
Citi has been pleased with the company's performance in recent times and believes it is well-positioned to grow its dividend. It is forecasting dividends per share of 11.3 cents in FY 2025 and then 11.9 cents in FY 2026. Based on its current share price of $2.48, equates to dividend yields of 4.6% and 4.8%, respectively, for income investors.
Citi currently has a buy rating and $2.70 price target on its shares.
Super Retail Group Ltd (ASX: SUL)
Finally, the team at Morgans thinks that Super Retail is an ASX dividend stock to buy. It is the retail conglomerate behind the popular BCF, MacPac, Supercheap Auto, and Rebel brands.
Morgans believes that Super Retail's diversified portfolio offers greater resilience to macro trends than peers. In fact, it believes that this resilience puts it in a position to continue paying special dividends in the near term.
The broker is forecasting 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 $14.50, this will mean yields of 6.7% and 7.1%, respectively.
Morgans currently has an add rating and $19.79 price target on its shares.
