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:
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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.
