Income investors have a lot of options on the Australian share market.
To narrow things down, let's look at a few buy-rated ASX dividend shares that are being tipped to provide investors with 6%+ dividend yields in the near term. They are as follows:
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HomeCo Daily Needs REIT (ASX: HDN)
The first high-yield ASX 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.
The team at Morgans likes the company due to its shift in focus from large format retail to daily needs. It believes this positions HomeCo Daily Needs for growth in the coming years.
Speaking of which, 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 $1.17, this will mean dividend yields of 7.3% and 7.4%, respectively.
The broker currently has an add rating and $1.36 price target on its shares.
Inghams Group Ltd (ASX: ING)
Morgans is also a fan of Inghams and sees it as an ASX dividend share to buy right now. It is the largest integrated poultry producer across Australia and New Zealand.
The broker appears to believe the market has oversold Inghams' shares following a disappointing result in August, noting that it would be "happy to buy" its shares at current levels.
As for income, Morgans is forecasting Inghams to pay fully franked dividends of 19 cents per share in both FY 2025 and FY 2026. Based on the current Inghams share price of $3.23, this equates to dividend yields of approximately 6% for both years.
Morgans has an add rating and $3.66 price target on its shares.
Rural Funds Group (ASX: RFF)
A final high-yield ASX dividend share that could be a buy is Rural Funds.
It is a property company that owns a portfolio of assets across a number of agricultural industries.
Among its portfolio are almond and macadamia orchards, premium vineyards, water entitlements, cropping and cattle farms. These are all leased to major industry players on long term contracts.
Bell Potter thinks its shares are undervalued at current levels and expects some good yields in the near term. It is forecasting dividends per share of 11.7 cents in FY 2025 and then 12.2 cents in FY 2026. Based on the current Rural Funds share price of $1.78, this will mean dividend yields of 6.6% and 6.85%, respectively.
The has a buy rating and $2.50 price target on its shares.
