Looking for an income boost in 2025? Then the ASX 200 dividend shares in this article could be top options.
They are rated as buys by analysts and tipped to provide great dividend yields in the near term. Here's what you need to know about them:
Cedar Woods Properties Limited (ASX: CWP)
The first ASX 200 dividend share that analysts rate as a buy is Cedar Woods.
It is one of Australia's leading property companies with a portfolio diversified by geography, price point and product type.
Its diversified product mix ranges from land subdivisions in emerging residential communities, to medium and high-density apartments and townhouses in vibrant inner-city neighbourhoods and supporting retail and commercial developments.
Morgans is positive on Cedar Woods' outlook in FY 2025 after delivering a strong result in the last financial year. It said:
CWP announced FY24 NPAT of $40.5m, up 28% (vs pcp) and above both the guidance range of $36m – $39m and our prior forecast of $37.8m. The key contributor was the sale of the William Land Shopping Centre, with lot revenue and gross profit broadly stable. Looking forward, the signs are positive, with guidance for +10% NPAT growth in FY25, supported by favorable operating conditions in most key states.
The broker is forecasting dividends per share of 27 cents in FY 2025 and then 31.7 cents in FY 2026. Based on its current share price of $5.45, this equates to 5% and 5.8% dividend yields, respectively.
Morgans has an add rating and $6.50 price target on its shares.
IPH Ltd (ASX: IPH)
Another ASX 200 dividend share that analysts are tipping as a buy is intellectual property (IP) services company IPH.
Goldman Sachs is feeling very positive about the company's outlook. This is due to its defensive earnings and organic growth potential. The broker explains:
In our view, IPH is well-placed to deliver consistent and defensive earnings with modest overall organic growth. We expect Asia to be the fastest growing region for IPH, as the company leverages its strong market share in Singapore to grow in other Asian markets. We expect relatively stable earnings in the A/NZ business and see market share stabilising at c.30-35%.
In respect to income, Goldman Sachs is forecasting fully franked dividends of 36 cents per share in FY 2025 and then 39 cents per share in FY 2026. Based on the current IPH share price of $4.90, this represents yields of 7.3% and 8%, respectively.
Goldman currently has a buy rating and $7.50 price target on its shares.
