Income investors that are on the lookout for Christmas presents for their portfolio might want to check out the ASX dividend shares in this article.
That's because analysts are tipping them as buys and expect a combination of decent yields and meaningful upside in the near term. Let's see what they are predicting for them:
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Centuria Industrial REIT (ASX: CIP)
The first ASX dividend share for income investors to look at is Centuria Industrial. It is Australia's largest domestic pure play industrial property investment company.
The team at UBS is positive on the company due to its cheap valuation and robust demand for industrial property.
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 $2.87, this represents dividend yields of 5.6% and 5.9%, respectively.
UBS currently has a buy rating and $3.80 price target on the company's shares.
Healthco Healthcare and Wellness REIT (ASX: HCW)
Another ASX dividend share that could be a buy according to brokers is HealthCo Healthcare & Wellness REIT. It is a real estate investment trust that invests in hospitals, aged care, childcare, government, life sciences and research, and primary care and wellness property assets.
Bell Potter likes HealthCo Healthcare & Wellness REIT due to its enormous growth opportunity in this market.
It expects this to allow the company to pay dividends of 8.4 cents per share for FY 2025 and then 8.7 cents per share in FY 2026. Based on the current Healthco Healthcare and Wellness REIT unit price of $1.00, this will mean dividend yields of 8.4% and 8.7%, respectively.
Bell Potter currently has a buy rating and $1.50 price target on its shares.
Universal Store Holdings Ltd (ASX: UNI)
Finally, Bell Potter also thinks that Universal Store could be an ASX dividend share to buy. It is the youth fashion retailer behind the eponymous Universal Store brand, as well as the Perfect Stranger, and Thrills brands.
Bell Potter rates the company highly due to "the store roll-out & brand growth strategy, margin expansion via private label product penetration (currently ~46%) and strong earnings trajectory."
It is expecting this to underpin fully franked dividends per share of 31.4 cents in FY 2025 and then 36.8 cents in FY 2026. Based on the current Universal Store share price of $8.02, this will mean yields of 3.9% and 4.6%, respectively.
Bell Potter currently has a buy rating and $8.85 price target on its shares.
