A new month is almost here, so what better time to make some new additions to your income portfolio.
But which ASX 200 dividend shares could be buys? Let's take a look at three that analysts rate as buys. They are as follows:
Endeavour Group Ltd (ASX: EDV)
The first ASX 200 dividend share that analysts are tipping as a buy is Endeavour Group.
It owns Australia's largest retail drinks network under the Dan Murphy's and BWS brands. It also runs the country's largest portfolio of licensed hotels.
Goldman Sachs likes the company due to its market leadership position in a defensive category. It is expecting this to support the payment of fully franked dividends of 20 cents per share in FY 2025 and then 22 cents per share in FY 2026. Based on the current Endeavour share price of $4.40, this will mean dividend yields of 4.5% and 5%, respectively.
Goldman has a buy rating and $5.50 price target on its shares.
HomeCo Daily Needs REIT (ASX: HDN)
Another ASX 200 dividend share that analysts are tipping as a buy is HomeCo Daily Needs. It is a property company with a focus on neighbourhood retail, large format retail, and health and services.
Morgans likes the company due to its shift in focus from large format retail to daily needs. It believes to believe this leaves HomeCo Daily Needs well-placed for growth in the coming years.
For example, Morgans is forecasting dividends per share of 8.5 cents in FY 2025 and then 8.7 cents in FY 2026. Based on the current HomeCo Daily Needs share price of $1.26, this will mean yields of 6.75% and 6.9%, respectively.
The broker currently has an add rating and $1.36 price target on its shares.
Stockland Corporation Ltd (ASX: SGP)
Finally, the team at Morgan Stanley believes that Stockland could be an ASX 200 share to buy.
It is one of Australia's largest diversified property companies, specialising in residential communities, land lease communities, town centres, logistics, and office real estate.
Morgan Stanley recently named Stockland as its preferred exposure to the residential market and sees it as a good option for when interest rates fall.
As for dividends, the broker is forecasting dividends per share of 25.4 cents in FY 2025 and then 29.1 cents in FY 2026. Based on the current Stockland share price of $5.25, this represents dividend yields of 4.8% and 5.5%, respectively.
Morgan Stanley has an overweight rating and $6.35 price target on Stockland's shares.
