Are you looking to generate passive income from the share market?
One of the best ways to do so is by investing in quality ASX 200 dividend shares that offer big dividend yields.
But which shares could be top options for income investors? Let's look at a couple that analysts are tipping as buys right now:
HomeCo Daily Needs REIT (ASX: HDN)
The first ASX 200 dividend share to look at is HomeCo Daily Needs REIT. This real estate investment trust (REIT) owns and operates a portfolio of convenience-based retail assets, including neighbourhood shopping centres and large-format retail properties.
The team at Morgans is bullish on the company due to its high occupancy rates and resilient cash flows.
The broker also highlights the REIT's quality tenant base as a reason to be positive. This includes blue chips such as Coles Group Ltd (ASX: COL) and Wesfarmers Ltd (ASX: WES). Additionally, HomeCo's properties are strategically located in high-growth metro areas, which could make them attractive long-term assets.
As for income, Morgans expects HomeCo Daily Needs to pay dividends of 8.5 cents per share in FY 2025 and then 8.7 cents per share in FY 2026. Based on the current HomeCo Daily Needs share price of $1.22, this implies dividend yields of 7% and 7.1%, respectively, for investors.
Morgans currently has an add rating and $1.36 price target on its shares.
Perpetual Ltd (ASX: PPT)
Another ASX 200 dividend share that could be a buy for passive income investors is diversified financial services company Perpetual.
That's the view of analysts at Bell Potter, which are feeling positive on the company even with its demerger plans looking doubtful.
Commenting on the company last week, the broker said that it feels that "the rise in the share price appears to be recognising both the value in the business, and that there are options available to the new CEO to cut costs and realise this value."
Speaking about the demerger, Bell Potter highlights that "KKR remain in the background and are probably still keen to do a deal, which is supportive. While we do not think a bid for all of PPT by KKR is likely, it cannot be ruled out."
In the meantime, Bell Potter is forecasting partially franked dividends per share of $1.28 in FY 2025 and then $1.56 in FY 2026. Based on its current share price of $23.74, this equates to dividend yields of 5.4% and 6.6%, respectively.
Bell Potter has a buy rating and $25.40 price target on its shares.
