3 strong ASX dividend stocks for income investors to buy today

Analysts are expecting some great yields from these income stocks.

| More on:
Happy man holding Australian dollar notes, representing dividends.

Image source: Getty Images

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

sdf

Are you looking 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 they are saying about these income options:

Adairs Ltd (ASX: ADH)

The first ASX dividend stock that could be a buy according to analysts is Adairs.

Adairs is a leading homewares and furniture retailer behind the Adairs, Focus on Furniture, and Mocka brands.

Morgans currently has an add rating on its shares with a $2.85 price target. It highlights that the company is benefiting from a streamlined supply chain through its new national distribution centre. The broker also sees a lot of potential from its core Adairs brand, which delivered strong sales growth early in the second half.

As for income, 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 $2.66, that equates to very appealing yields of 5.25% and 6.4%, respectively.

Treasury Wine Estates Ltd (ASX: TWE)

Another ASX dividend stock to look at is wine giant Treasury Wines.

Goldman Sachs is very bullish on the Penfolds owner's outlook thanks to its premiumisation strategy and the reopening of the China market. It expects this to underpin solid earnings growth in the coming years.

As a result, the broker has put a buy rating and $12.90 price target on its shares.

In respect to dividends, Goldman is forecasting partially franked payouts of 42 cents in FY 2025 and then 49 cents in FY 2026. Based on its current share price of $9.09, this would mean dividend yields of 4.6% and 5.4%, respectively.

Universal Store Holdings Ltd (ASX: UNI)

Finally, analysts are also tipping Universal Store as an ASX dividend stock to buy.

It is a youth fashion retailer behind brands including Perfect Stranger, Thrills, and of course Universal Store.

Macquarie is a big fan of the retailer and has put an outperform rating and $9.80 price target on its shares. This rating is based on "strong sales growth in 1H25, continuing into 2H25, with GM% expansion YoY and private label continuing to increase. UNI continues to win market share, with ongoing store roll-out supporting network sales growth."

This is expected to underpin fully franked dividends of 33.8 cents in FY 2025 and then 39.5 cents in FY 2026. Based on its current share price of $8.64, this would mean dividend yields of 3.9% and 4.6%, respectively.

Motley Fool contributor James Mickleboro has positions in Treasury Wine Estates and Universal Store. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Adairs, Goldman Sachs Group, and Macquarie Group. The Motley Fool Australia has positions in and has recommended Adairs and Macquarie Group. The Motley Fool Australia has recommended Treasury Wine Estates. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

More on Dividend Investing

A couple makes silly chip moustache faces and take a selfie on their phone.
Dividend Investing

2 ASX dividend stocks to buy for immediate passive income

I think these two stocks are some of the ASX's best bets for income right now.

Read more »

Smiling woman with her head and arm on a desk holding $100 notes out, symbolising dividends.
Dividend Investing

These buy-rated ASX dividend stocks offer 4%, 5%, and 8% yields

Let's see which stocks brokers have named as buys for income investors.

Read more »

executive in shirt and tie holding chin in hand looking disappointed because of slashed dividend payouts
Bank Shares

Is a dividend cut coming for ANZ shares?

ANZ's high dividend yield might not last...

Read more »

Woman looking at prices for televisions in an electronics store.
Dividend Investing

3 ASX dividend shares with surprisingly large yields today

These stocks have yields that might shock you.

Read more »

Middle age caucasian man smiling confident drinking coffee at home.
Dividend Investing

Brokers say these ASX dividend shares are top buys

These shares have been given the thumbs up by analysts.

Read more »

A couple lying down and laughing, symbolising passive income.
Dividend Investing

I'd buy 9,600 shares of this ASX 200 stock to aim for $200 a month of passive income

Want regular income? This could be a great stock to buy.

Read more »

Happy young couple saving money in piggy bank.
Dividend Investing

Buy these strong ASX dividend stocks for passive income

Brokers rate these shares as buys for passive income.

Read more »

A man thinks very carefully about his money and investments.
Dividend Investing

Buy Fortescue and these fantastic ASX dividend shares with $5,000

These shares have been named by brokers as buys for income investors. Let's see what they offer.

Read more »