Buy these top ASX 200 dividend stocks for 6% yields

Analysts think the income investors should be snapping up these shares this week.

| More on:
Hand holding Australian dollar (AUD) bills, symbolising ex dividend day. Passive income.

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

Do you have room in your portfolio for some new income stocks?

If you do, then the three ASX 200 dividend stocks listed below could be worth considering.

Here's what sort of dividend yields analysts are expecting from these buy-rated stocks:

APA Group (ASX: APA)

APA Group could be a great ASX 200 dividend stock to buy according to analysts. It is a leading Australian energy infrastructure business that owns a $26 billion portfolio of gas, electricity, solar and wind assets.

If you are looking for a reliable dividend payer, then it is hard to look beyond APA Group. That's because the company is on track to lift its dividend for 20 years in a row.

Macquarie then expects the run to continue. It is forecasting dividend increases to 57 cents per share in FY 2025 and then 57.5 cents per share in FY 2026. Based on the current APA Group share price of $7.31, this equates to 7.8% and 7.9% dividend yields, respectively.

Macquarie has an outperform rating and $8.13 price target on its shares.

Coronado Global Resources Inc (ASX: CRN)

If you don't mind investing in the mining sector, then Coronado Global Resources could be an ASX 200 dividend stock to buy.

It is the largest pure play met coal producer, delivering total sales of 15.6Mt into global export markets in 2023.

The team at Bell Potter is a fan of the company and thinks it could be a great ASX dividend stock to buy right now. It 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."

It expects this to support 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 87.5 cents, this equates to dividend yields of 11.4% and 9.8%, respectively.

Bell Potter has a buy rating and $1.60 price target on its shares.

Super Retail Group Ltd (ASX: SUL)

Finally, Goldman Sachs thinks that Super Retail could be an ASX 200 dividend stock to buy. It is the retailer behind the BCF, MacPac, Supercheap Auto, and Rebel store brands.

The broker likes Super Retail to its cheap valuation and its sales and productivity levers. It notes that "SUL 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 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 $14.76, this will mean yields of 4.5% and 5%, respectively.

Goldman has a buy rating and $17.60 price target on its shares.

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Goldman Sachs Group, Macquarie Group, and Super Retail Group. The Motley Fool Australia has positions in and has recommended Apa Group, Macquarie Group, and 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 man in a shirt and tie holds his chin in thoughtful contemplation and looks skywards as if thinking about something while a graphic of a road with many ups and downs unfurls behind him.
Dividend Investing

Down 8%, this passive income stock offers a 4.6% dividend yield!

Despite a stagnant share price, this stock's payouts have never been higher.

Read more »

Man putting in a coin in a coin jar with piles of coins next to it.
Dividend Investing

Dividend investing opportunities emerging as quality ASX stocks reset

A pullback in quality ASX shares may be the opening dividend investors have been waiting for.

Read more »

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

Analysts expect 4% to 6% dividend yields from these ASX stocks

Good yields are expected from these names in the near term.

Read more »

Man holding out Australian dollar notes, symbolising dividends.
Dividend Investing

3 ASX dividend shares to buy with $5,000

Analysts think these shares could be top picks for income investors.

Read more »

A young bank customer wearing a yellow jumper smiles as she checks her bank balance on her phone.
Dividend Investing

Forget Westpac shares and buy these ASX dividend stocks

Analysts think these shares would be better buys for income investors.

Read more »

A smiling woman holds a Facebook like sign above her head.
Dividend Investing

Bell Potter names the best ASX dividend shares to buy in December

These are high conviction picks according to the broker.

Read more »

Hand of a woman carrying a bag of money, representing the concept of saving money or earning dividends.
Dividend Investing

3 ASX dividend shares to buy for a passive income stream

Analysts are recommending these dividend payers.

Read more »

Person holding Australian dollar notes, symbolising dividends.
Dividend Investing

This ASX passive income share offers a 5.86% yield. Here's how!

It's not often you see this big of a yield these days...

Read more »