3 top ASX dividend stocks that analysts rate as buys

Let's see why these could be top picks for income investors.

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Are you on the hunt for some new ASX dividend stocks to buy?

If you are, then it could be worth checking out the three named below.

They have been rated as buys by analysts and are expected to provide investors with attractive dividend yields in the near term. Here's what you need to know:

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Adairs Ltd (ASX: ADH)

The first ASX dividend stock that could be a buy is Adairs. It is a leading homewares and furniture retailer behind the Adairs, Focus on Furniture, and Mocka brands.

The team at Morgans is positive on the company. It highlights that Adairs is benefiting from a streamlined supply chain through its new national distribution centre and sees strong potential from its core Adairs brand, where sales were up over 15% early in the second half of FY 2025.

In respect to dividends, the broker is forecasting fully franked dividends of 14 cents per share in FY 2025 and then 17 cents in FY 2026. Based on the current share price of $2.13, that equates to very attractive yields of 6.6% and 8%, respectively.

Morgans has an add rating and $2.85 price target, suggesting meaningful upside ahead.

GQG Partners Inc. (ASX: GQG)

GQG could be another ASX dividend stock to buy according to analysts. It is a global boutique asset management company focused on active equity portfolios.

Analysts at Goldman Sachs think that its shares are cheap at current levels. They also believe that some very large dividend yields are coming in the near term.

For example, the broker is forecasting fully franked dividends of 14 US cents in FY 2025 and then 16 US cents in FY 2026. At current exchange rates and its latest share price of $2.04, this equates to dividend yields of 10.7% and 12.25%, respectively.

Goldman has a buy rating and $3.00 price target on its shares.

Super Retail Group Ltd (ASX: SUL)

A third ASX dividend stock that could be a top pick for income investors is Super Retail.

It owns popular retail chains Supercheap Auto, Rebel, BCF and Macpac — all of which continue to benefit from strong brand loyalty and solid margins.

Goldman Sachs remains positive on Super Retail and believes some good dividend yields are on the cards in the near term. The broker is forecasting fully franked dividends of 64 cents per share in FY 2025 and then 66 cents in FY 2026. Based on its current share price of $12.68, this will mean dividend yields of 5% and 5.2%, respectively.

Goldman has a buy rating and $15.50 price target on its shares.

Motley Fool contributor James Mickleboro has positions in Gqg Partners. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Adairs, Goldman Sachs Group, and Super Retail Group. The Motley Fool Australia has positions in and has recommended Adairs and Super Retail Group. The Motley Fool Australia has recommended Gqg Partners. 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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