If you have $10,000 available to invest in the share market and have a penchant for ASX dividend stocks, then read on!
That's because listed below are three stocks that could be great options to buy right now according to analysts.
Here's what you need to know about them:
Challenger Ltd (ASX: CGF)
Annuities company Challenger could be an ASX dividend stock to buy with your $10,000 according to analysts at Goldman Sachs. The broker has a buy rating and $7.82 price target on its shares.
It likes Challenger's "exposure to the growing superannuation market" and believe that "higher yields should drive a favorable sales environment for retail annuities."
The broker believes this will support the payment of fully franked dividends of 27 cents per share in FY 2025 and then 28 cents per share in FY 2026. Based on Challenger's current share price of $6.01, this would equate to attractive dividend yields of 4.5% and 4.65%, respectively.
This means that a $10,000 investment could generate dividend income of $450 and then $465.
IPH Ltd (ASX: IPH)
IPH could be another ASX dividend stock to buy according to analysts at Goldman Sachs. It has a buy rating and $7.50 price target on the global intellectual property (IP) services provider's shares.
Goldman believes IPH is well-positioned to deliver stable and defensive earnings with modest organic growth. And after increasing its dividend annually over the past decade, the broker believes this strong run can continue.
It is forecasting fully franked dividends of 36 cents per share in FY 2025 and 39 cents per share in FY 2026. At the current share price of $4.87, this implies dividend yields of 7.4% and 8%, respectively.
A $10,000 investment would generate dividend income of $740 and then $800, respectively, if Goldman is accurate with its estimates.
Origin Energy Ltd (ASX: ORG)
Finally, Origin Energy could be an ASX dividend stock to buy with your $10,000 this month. UBS is a fan and has a buy rating and $11.75 price target on the energy provider's shares.
UBS is positive on the company and believes it is well-placed to pay some big dividends in the near term. This is thanks partly to the key APLNG business and the impressive performance from the Octopus business.
Its analysts are forecasting fully franked dividends per share of 55 cents in FY 2025 and in FY 2026. Based on its current share price of $11.08, this would mean dividend yields of almost 5% for both years.
This means that a $10,000 investment would produce dividend income of approximately $500 in both FY 2025 and FY 2026.
