4 fantastic ASX dividend stocks to buy this month

Analysts think these stocks could be top options for income investors. Here's what they offer.

| More on:
an older couple look happy as they sit at a laptop computer in their home.

Image source: Getty Images

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

Income investors have reason to cheer! The Australian share market is among the most generous globally, offering a wide selection of ASX dividend stocks with attractive yields.

But which shares stand out this week? Here are four that analysts have recently highlighted as top picks:

Centuria Industrial REIT (ASX: CIP)

Centuria Industrial is the first ASX dividend stock that analysts could be in the buy zone.

As Australia's largest domestic pure-play industrial property investment company, UBS believes it is a buy for its attractive valuation and strong long-term fundamentals.

In terms of income, UBS forecasts dividends per share of 16 cents for FY 2025 and 17 cents for FY 2026. At the current share price of $2.94, this equates to dividend yields of 5.4% and 5.8%, respectively.

UBS has a buy rating on Centuria Industrial shares with a price target of $3.80.

Endeavour Group Ltd (ASX: EDV)

Endeavour Group could be a top ASX dividend stock to consider right now according to analysts.

As the leader in Australia's alcohol retail market, it operates well-known store brands Dan Murphy's and BWS, along with the ALH Hotels business, which manages over 350 licensed venues nationwide.

Goldman Sachs likes Endeavour for its market leadership and the defensive nature of the alcohol retail sector. The broker believes this will underpin fully franked dividends of 20 cents per share in FY 2025 and 22 cents per share in FY 2026. At the current share price of $4.37, this equates to dividend yields of 4.6% and 5%, respectively.

Goldman has a buy rating and $5.50 price target on the stock.

Regal Partners Ltd (ASX: RPL)

The team at Bell Potter sees a lot of potential in Regal Partners, an alternative investment management company.

The broker believes Regal Partners could be an ASX dividend share to buy due to its attractive valuation. Particularly given the company's robust investment performance.

As well as having solid earnings growth potential, the broker forecasts increasing and attractive fully franked dividends. It expects 16.3 cents per share in FY 2024 and 18.1 cents in FY 2025. At the current share price of $4.03, this equates to dividend yields of 4% and 4.5%, respectively.

Bell Potter has a buy rating with a price target of $4.85.

Super Retail Group Ltd (ASX: SUL)

Morgans has picked out Super Retail as an ASX dividend stock to buy. This retail conglomerate owns popular retail brands BCF, MacPac, Supercheap Auto, and Rebel.

Morgans believes Super Retail's diversified portfolio provides greater resilience to macroeconomic trends compared to its peers, positioning it well to continue paying special dividends in the near term.

The broker is forecasting fully franked dividends per share of 97 cents for FY 2025 and 103 cents for FY 2026. At the current share price of $14.73, this equates to yields of 6.5% and 7%, respectively.

It has an add rating on the stock with a price target of $19.79.

Motley Fool contributor James Mickleboro has positions in Endeavour Group. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Goldman Sachs Group and Super Retail Group. The Motley Fool Australia has positions in and has recommended Super Retail Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

More on Dividend Investing

A hipster looking guy sizes up his target, making a frame with his fingers.
Dividend Investing

With an 11% dividend yield, is this ASX share a buy?

This stock is playing a lot of cash flow to investors.

Read more »

Hand holding Australian dollar (AUD) bills, symbolising ex dividend day. Passive income.
Dividend Investing

Invest $10,000 into these ASX dividend stocks

Analysts think these stocks could be great options for income investors.

Read more »

a man sits on a ridge high above a large city full of high rise buildings as though he is thinking, contemplating the vista below.
Share Market News

Shares vs. property: Which investment delivered the best income in 2024?

We compare gross rental yields across Australia to the dividend yields of the 10 biggest ASX companies.

Read more »

Middle age caucasian man smiling confident drinking coffee at home.
Dividend Investing

Why these ASX dividend shares could be top picks for income investors

Analysts think that income investors should be buying these shares this month.

Read more »

a man wearing casual clothes fans a selection of Australian banknotes over his chin with an excited, widemouthed expression on his face.
Dividend Investing

High-yield alert: 3 ASX dividend shares to buy for passive income right now

Analysts think these shares would be great options for income investors right now.

Read more »

A bland looking man in a brown suit opens his jacket to reveal a red and gold superhero dollar symbol on his chest.
Dividend Investing

Forget CBA and buy these ASX dividend stocks

Analysts see more value and income on offer from these stocks.

Read more »

Worker on a laptop at an oil and gas pipeline.
Energy Shares

Is Woodside stock a buy today for its 7% dividend yield?

Here's my take on Woodside's massive dividend yield...

Read more »

Emotional euphoric young woman giving high five to male partner, celebrating family achievement, getting bank loan approval, or financial or investing success.
Dividend Investing

Top ASX dividend shares to buy in January 2025

Fancy yourself as the proud owner of some income-producing assets?

Read more »