Income investors that are on the lookout for ASX dividend shares to buy may want to check out the five listed below.
These have been named as buys by brokers and tipped to provide good yields in the near term. Here's what you need to know:
APA Group (ASX: APA)
Macquarie thinks that APA Group could be a top ASX dividend share to buy. It is a leading Australian energy infrastructure business that owns a $26 billion portfolio of gas, electricity, solar and wind assets.
The broker has an outperform rating and $8.13 price target on its shares.
In respect to dividends, Macquarie is forecasting dividends per share of 57 cents in FY 2025 and then 57.5 cents in FY 2026. Based on the current APA Group share price of $6.85, this equates to 8.3% and 8.4% dividend yields, respectively.
Endeavour Group Ltd (ASX: EDV)
Goldman Sachs thinks that Endeavour Group could be an ASX dividend share to buy. It is the leader in the Australian alcohol retail market through its popular store brands Dan Murphy's and BWS. In addition, the company owns the ALH Hotels business, which has over 350 licensed venues across the country.
The broker has a buy rating and $5.10 price target on its shares.
As for income, Goldman is forecasting fully franked dividends of 19 cents per share in FY 2025 and then 22 cents per share in FY 2026. Based on the current Endeavour share price of $4.23, this will mean dividend yields of 4.5% and 5.2%, respectively.
Harvey Norman Holdings Limited (ASX: HVN)
Bell Potter is feeling bullish about retail giant Harvey Norman. It has a buy rating and $5.80 price target on its shares.
The broker likes the retailer due to its exposure to the artificial intelligence (AI) megatrend. It expects this to underpin fully franked dividends of 25.9 cents per share in FY 2025 and then 28.5 cents per share in FY 2026. Based on the current Harvey Norman share price of $5.15, this equates to 5% and 5.5% dividend yields, respectively.
IPH Ltd (ASX: IPH)
Goldman Sachs also rates IPH as an ASX dividend share to buy. It is a leading intellectual property (IP) services company that operates across the globe.
The broker has a buy rating and $7.50 price target on its shares.
As for income, the broker 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 $5.02, this will mean dividend yields of 7.2% and 7.8%, respectively.
Smartgroup Corporation Ltd (ASX: SIQ)
Finally, Smartgroup could be an ASX dividend share to buy according to Bell Potter. It is a leading provider of employee benefits, end-to-end fleet management, and software solutions.
The broker currently has a buy rating and $10.00 price target on its shares.
In respect to dividends, it is forecasting fully franked dividends of 53.3 cents in FY 2024 and then 59.7 cents in FY 2025. Based on its current share price of $7.95, this means potential dividend yields of 6.7% and 7.5%, respectively.
