These buy-rated ASX dividend shares offer 5% to 8% yields

Analysts are expecting these shares to provide income investors with good yields.

If you are looking to boost your income with some ASX dividend shares, then the three listed below could be worth a closer look.

That's because these dividend shares have been named as buys and are expected to provide investors with good dividend yields in the near term.

Here's what analysts are saying about them:

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Challenger Ltd (ASX: CGF)

Goldman Sachs thinks that annuities provider Challenger could be an ASX dividend share to buy.

The broker is bullish due to the company's exposure to Australia's growing superannuation market and believes there is a favourable sales environment for its retail annuities.

Goldman believes this positions Challenger to pay fully franked dividends of 28 cents per share in FY 2025 and then 29 cents per share in FY 2026. Based on the current share price of $5.53, this equates to dividend yields of 5.1% and 5.25%, respectively.

The broker currently has a buy rating and $7.30 price target on the stock.

Dexus Convenience Retail REIT (ASX: DXC)

The team at Bell Potter is tipping Dexus Convenience Retail REIT as an ASX dividend share to buy this week.

It is a real estate investment trust (REIT) that owns a high-quality portfolio of Australian service stations and convenience retail assets, primarily located along the country's eastern seaboard.

Bell Potter highlights that while it anticipates a slight decline in asset values, the market is currently pricing the company at a 20% discount to net tangible assets (NTA) and a 10% discount to its estimated net asset value (NAV). It believes this discount is excessive given the defensive nature of the sector.

In respect to dividends, the broker is forecasting payouts of 20.6 cents per share in FY 2025 and then 21 cents per share in FY 2025. Based on its current share price of $2.93, this implies yields of 7% and 7.2%, respectively.

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

Origin Energy Ltd (ASX: ORG)

Analysts at UBS think that Origin Energy could be an ASX dividend share to buy.

Origin Energy is of course one of Australia's leading providers of electricity, gas, LPG, solar and internet to homes and businesses across Australia.

UBS was pleased with the company's performance in the first half and highlights that its interim dividend came in ahead of expectations. Looking ahead, it remains positive on the future thanks to the key APLNG business and the growing Octopus business.

The broker is forecasting fully franked dividends per share of 56 cents in FY 2025 and then 55 cents in FY 2026. Based on its current share price of $10.83, this would mean dividend yields of 5.2% and 5.1%, respectively.

UBS has a buy rating and $11.90 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 positions in and has recommended Goldman Sachs Group. The Motley Fool Australia has recommended Challenger. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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