If you are on the lookout for some big dividend yields for your portfolio, then read on.
That's because analysts believe these ASX shares will be offering 7%+ dividend yields in the near term. Here's what they are predicting:
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GQG Partners Inc (ASX: GQG)
The first ASX dividend share that could be a top buy for income investors is GQG Partners.
It is a global investment company that manages funds on behalf of large investors. This includes pension funds, sovereign funds, wealth management firms, and financial institutions.
Goldman Sachs likes the company due to its strong investment and net flows performance, as well as its "attractive valuation vs. peers in context of very strong earnings growth."
It is also expecting some very big dividend yields. Goldman is forecasting dividends per share of 14 US cents (21.7 Australian cents) in FY 2025 and then 16 US cents (24.8 Australian cents) in FY 2026. Based on its current share price of $2.18, 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.
IPH Ltd (ASX: IPH)
Another ASX dividend share that analysts are tipping as a buy is IPH.
It is a leading intellectual property (IP) services company that operates across the globe under a number of brands.
Morgans is very bullish on the company due to its cheap valuation. The broker notes that "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."
As for dividends, 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 $4.65, this will mean dividend yields of 7.5% and 7.7%, respectively.
Morgans has an add rating and $6.30 price target on its shares.
IVE Group Ltd (ASX: IGL)
Finally, Bell Potter thinks IVE Group could be an ASX share to buy for income. It is Australia's largest integrated marketing communications business with leading positions across every sector in which the company operates.
Bell Potter likes the company due to its diversified and resilient business, which it believes puts it in a position to pay big dividends. It highlights that "over the past 20 years or so has expanded organically into logistics, creative services, integrated marketing and web offset printing and through acquisition into data driven communications, retail display, premiums and merchandising, marketing automation, distribution and digital catalogues. The result is a diversified, resilient business which has supported a consistently high dividend yield and a strong Balance Sheet to pursue further growth opportunities."
As for income, the broker is forecasting fully franked dividends of 18 cents per share in both FY 2025 and FY 2026. Based on its current share price, this equates to 7% dividend yields.
The broker has a buy rating and $2.80 price target on its shares.
