Why analysts love these ASX dividend shares with 6%+ yields

Here's how big their dividend yields could be in 2025 and 2026.

| More on:
A businessman hugs his computer and smiles.

Image source: Getty Images

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

If you're looking for a source of income, then it could be worth checking out the ASX dividend shares listed below.

That's because analysts are bullish on these names and expect them to provide very attractive yields in the near term. Here's what you need to know about these income options:

Accent Group Ltd (ASX: AX1)

The first ASX dividend share that could be a buy is footwear-focused retailer Accent.

The team at Bell Potter is positive on the company. The broker has previously highlighted that it likes Accent due to "continuing casual footwear trends and as sports, fitness & wellness related spending remains a priority."

Another positive is that its analysts are expecting some very attractive dividend yields in the near term. It is forecasting fully franked dividends per share of 13.7 cents in FY 2025 and then 15.6 cents in FY 2026. Based on the latest Accent share price of $2.30, this represents dividend yields of 6% and 6.8%, respectively.

Bell Potter currently has a buy rating and $2.75 price target on its shares.

Dexus Convenience Retail REIT (ASX: DXC)

Another ASX dividend share that analysts at Bell Potter are tipped as a buy is Dexus Convenience Retail REIT.

It is a convenience retail and service station property fund. Bell Potter highlights that "DXC offers a yield c.7% based on FY25 DPS guidance. While we do see asset values declining (BPe 10bp cap rate expansion), trading at a 20% discount to NTA and 10% discount to BPe NAV looks too punitive to us for a defensive sub-sector."

As for those dividends, the broker is forecasting dividends per share of 20.6 cents in FY 2025 and 21 cents in FY 2026. Based on its current share price of $2.79, this equates to yields of 7.4% and 7.5%, respectively.

Bell Potter has a buy rating and $3.30 price target on its shares.

HomeCo Daily Needs REIT (ASX: HDN)

Lastly, analysts at Morgans think that HomeCo Daily Needs could be an ASX dividend share to buy.

It is a property company with a focus on neighbourhood retail, large format retail, and health and services. HomeCo Daily Needs has a quality tenant base with over 80% either ASX-listed and/or national retailers.

Morgans believes the company is in a position to provide big dividend yields in the coming years. It 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 $1.15, this will mean yields of 7.4% and 7.6%, respectively.

The broker currently has an add rating and $1.36 price target on its shares.

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Accent Group and HomeCo Daily Needs REIT. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

More on Dividend Investing

Australian dollar notes in the pocket of a man's jeans, symbolising dividends.
Dividend Investing

I'd buy 5,883 shares of this ASX stock to aim for $1,000 of annual passive income

I’d pick this stock for its strong dividend record.

Read more »

A woman wearing yellow smiles and drinks coffee while on laptop.
Dividend Investing

Forget CBA and buy these ASX dividend shares

Let's see why analysts think these shares could be buys and better than Australia's largest bank.

Read more »

Man holding out Australian dollar notes, symbolising dividends.
Dividend Investing

Buy these ASX dividend stocks for 5% to 8% dividend yields

Analysts think these stocks would be great picks for income investors.

Read more »

A man walks up three brick pillars to a dollar sign.
Dividend Investing

How to turn ASX dividends into long-term wealth

This simple strategy could be an easy way to build wealth in the share market.

Read more »

Woman using a pen on a digital stock market chart in an office.
Dividend Investing

Here's my top ASX dividend stock for 2026

With a growing dividend, resilient traffic trends, and inflation-linked revenue, this is my top ASX dividend stock for 2026.

Read more »

A businessman in a suit adds a coin to a pink piggy bank sitting on his desk next to a pile of coins and a clock, indicating the power of compound interest over time.
Dividend Investing

These ASX dividend stocks are built to keep paying and paying

Here are two of the ASX's best dividend payers...

Read more »

man using a mobile phone
Dividend Investing

Why Telstra and these ASX dividend shares could be top buys

Analysts think these shares are buys for income investors.

Read more »

A happy couple looking at an iPad.
Dividend Investing

Why AFIC shares are a retiree's dream

This stock looks like an excellent pick for retirement.

Read more »