If you are on the hunt for some big dividend yields, then check out the two ASX dividend shares listed below.
They have been named as buys by analysts at tipped to provide income investors with significantly better than average yields. Here's what they are saying about them:
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IPH Ltd (ASX: IPH)
The first ASX dividend share that could be a buy according to analysts is IPH.
It is a leading intellectual property (IP) services company that operates across the globe under a number of brands. This includes AJ Park, Griffith Hack, Pizzeys, ROBIC, Smart & Biggar, and Spruson & Ferguson.
The team at Morgans is very bullish on the investment opportunity here and feels that its shares are cheap at current levels. The broker said:
IPH's valuation is undemanding (~10.8x FY25F PE), however investor patience is required given the delivery of organic growth looks to be the catalyst for a re-rating.
In respect to income, the broker is forecasting fully franked dividends of 35 cents per share in FY 2025 and then 36 cents per share in FY 2026. Based on the current IPH share price of $4.50, this will mean dividend yields of 7.8% and 8%, respectively.
Morgans has an add rating and $6.30 price target on its shares.
GQG Partners Inc (ASX: GQG)
Another ASX dividend share that analysts are tipping as a buy is GQG Partners.
It is a global investment company managing funds on behalf of investors such as large pension funds, sovereign funds, wealth management firms, and financial institutions.
The team at Goldman Sachs remains very bullish on GQG Partners and sees significant value in its shares at current levels. It said:
We are Buy rated on GQG because: 1) Net flow trajectory has been very strong but has slowed 2) Strong performance has resulted in performance fees becoming increasingly more material 3) Medium and long term relative performance strong 4) Attractive valuation vs. peers in context of very strong earnings growth. 5) Impacts from Adani entity investments appear manageable.
Goldman is forecasting dividends per share of 14 US cents (21.8 Australian cents) in FY 2025 and then 16 US cents (24.9 Australian cents) in FY 2026. Based on its current share price of $2.19, this would mean dividend yields of 10% and 11.4%, respectively.
Goldman Sachs has a buy rating and $3.00 price target on its shares.
