Do you have room in your income portfolio for some new additions?
If you do, then it could pay to listen to what analysts are saying about the blue chip ASX 200 dividend stocks in this article.
Let's see what brokers are tipping as buys right now:
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NIB Holdings Limited (ASX: NHF)
Goldman Sachs thinks that NIB could be an ASX 200 dividend stock to buy right now.
The broker likes the private health insurer due to its defensive earnings and favourable operating environment. It said:
We are Buy-rated on NHF given: 1) It offers defensive exposure to the private health insurance sector 2) The claims environment (utilisation / inflation) is generally manageable albeit until recently 3) NHF policyholder growth has been better than industry, 4) Expense buffers available to support margins and 5) Strong approved rate increases.
As for dividends, Goldman believes that NIB will pay fully franked dividends of 26 cents per share in FY 2025, 30 cents per share in FY 2026, and then 33 cents per share in FY 2027. Based on its current share price of $5.52, this equates to dividend yields of 4.7%, 5.4%, and 6%, respectively, for income investors.
Goldman currently has a buy rating and $6.50 price target on its shares.
Telstra Group Ltd (ASX: TLS)
Another blue chip ASX 200 dividend stock that analysts are tipping as a buy is Telstra.
It is of course Australia's leading telecommunications and information services company. At the last count, the company had 22.5 million retail mobile services and 3.4 million retail bundle and data services.
Bell Potter is positive on the company and believes that its shares are good value at current levels. It said:
We believe the stock looks reasonable value on an FY25 PE ratio of c.20x when all of the comps in the S&P/ASX 20 trade on >20x. We also believe the forecast fully franked yield of 4.8% [now 4.7%] is attractive when CBA's forecast yield is now <4%. The yield is comparable, however, to the other banks but Telstra's dividend is expected to grow whereas the banks are not so much.
In respect to income, Bell Potter is forecasting fully franked dividends of 19 cents per share in FY 2025 and then 20 cents per share in FY 2026. Based on the current Telstra share price of $4.00, this represents dividend yields of 4.75% and 5%, respectively.
Bell Potter has a buy rating and $4.35 price target on Telstra's shares.
