If you are on the lookout for some big dividend yields, then read on!
That's because listed below are three ASX dividend stocks that analysts think are undervalued and could offer huge yields in the near term. They are as follows:
Adairs Ltd (ASX: ADH)
The first ASX dividend stock that analysts are tipping as a buy is Adairs. It is a leading homewares and furniture retailer behind the Adairs, Focus, and Mocka brands.
Morgans is positive on the company and highlights that it is benefiting from strong sales momentum and operational efficiencies from its new national distribution centre.
And while it acknowledges that some areas of its business have faced headwinds, the broker points out that Adairs' core brand is performing well, with sales up 15.2% in the early part of the second half of FY 2025.
As for income, Morgans is forecasting fully franked dividends of 14 cents per share in FY 2025 and then 17 cents per share in FY 2026. Based on its current share price of $2.09, this equates to dividend yields of 6.7% and 8.1%, respectively.
The broker has an add rating and $2.85 price target on its shares.
Dexus Convenience Retail REIT (ASX: DXC)
The team at Bell Potter thinks that Dexus Convenience Retail REIT could be an ASX dividend stock to buy. It is the owner of a portfolio of service station and convenience retail assets.
While its shares have fared better than most this year, the broker still sees plenty of upside for investors and big dividend yields in the near term.
It is forecasting dividends per share of 20.6 cents in FY 2025 and then 21 cents in FY 2026. Based on its current share price of $2.86, this implies yields of 7.2% and 7.3%, respectively.
Bell Potter has a buy rating and $3.30 price target on its shares.
Regal Partners Ltd (ASX: RPL)
The team at Bell Potter thinks that this alternative investment company could be an ASX dividend stock to buy.
Especially after its shares pulled back materially since the start of the year. Bell Potter said that "investors should take advantage of recent share price weakness to BUY."
This might not be a bad idea for income investors given what the broker is forecasting from the company. It expects fully franked dividends per share of 18.3 cents in FY 2025 and then 22 cents in FY 2026. Based on its current share price of $2.24, this equates to dividend yields of 8.15% and 9.8%, respectively.
Bell Potter has a buy rating and $5.00 price target on Regal Partners' shares.
