If you are hunting for some big dividend yields, then read on!
That's because the three top ASX dividend shares listed below have been named as buys and tipped to offer yields greater than 8%. Here's what analysts are expecting from them:
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GQG Partners Inc (ASX: GQG)
Goldman Sachs has named GQG Partners as an ASX dividend share to buy.
It is a global investment company with a focus on managing active equity portfolios. It is currently managing US$153 billion on behalf of investors. This includes large pension funds, sovereign funds, wealth management firms, and other financial institutions.
Goldman is bullish and notes that it has an "attractive valuation vs. peers in context of very strong earnings growth." The broker has a buy rating and $3.00 price target on its shares.
In respect to dividends, Goldman is forecasting dividends per share of 14 US cents (22.3 Australian cents) in FY 2025 and then 15 US cents (23.9 Australian cents) in FY 2026. Based on its current share price of $2.03, this would mean 11% and 11.8% dividend yields, respectively.
Healthco Healthcare and Wellness REIT (ASX: HCW)
Bell Potter thinks that Healthco Healthcare and Wellness REIT could be an ASX dividend share to buy.
It is a real estate investment trust focused on owning healthcare and wellness property assets. At the last count, the company had a $1.6 billion portfolio of assets and a large-scale development pipeline. This includes hospitals, aged care, childcare, government, life sciences and research, and primary care and wellness properties.
Bell Potter is positive on the company's outlook and has a buy rating and $1.50 price target on its shares.
As for income, it is forecasting dividends per share of 8.4 cents in FY 2025 and then 8.7 cents FY 2026. Based on the current Healthco Healthcare and Wellness REIT unit price of 94 cents, this equates to dividend yields of 8.9% and 9.2%, respectively.
APA Group (ASX: APA)
Finally, Macquarie thinks that APA Group could be a top ASX dividend share to buy now.
It is a leading Australian energy infrastructure business that owns a $26 billion portfolio of gas, electricity, solar and wind assets.
Macquarie currently has an outperform rating and $8.02 price target on its shares.
As for dividends, the broker is forecasting dividends of 57 cents per share in FY 2025 and then 57.5 cents per share in FY 2026. Based on the current APA Group share price of $6.88, this equates to 8.3% and 8.35% dividend yields, respectively.
