Are you on the lookout for an income boost? if you are, then take a look at the three ASX dividend shares listed below that analysts rate as buys.
Here's what you need to know about them:
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Endeavour Group Ltd (ASX: EDV)
The first ASX dividend share that could be a buy is Endeavour Group.
It is the market leader in the Australian alcohol retail industry thanks to its popular store brands Dan Murphy's and BWS. Endeavour also owns the ALH Hotels business, which has over 350 licensed venues across the country.
The team at Morgan Stanley is positive on the alcohol retailer. It has an overweight rating and $5.30 price target on its shares.
As for dividends, it is expecting the company to make fully franked payouts of 19 cents per share in FY 2025 and then 21 cents per share in FY 2026. Based on the current Endeavour share price of $4.05, this will mean dividend yields of 4.7% and 5.2%, respectively.
Nick Scali Limited (ASX: NCK)
Another ASX dividend share that could be a buy according to analysts is furniture retailer Nick Scali.
The team at Citi is positive on the company and has a buy rating and $20.64 price target on its shares.
In respect to income, the broker expects Nick Scali's positive form to continue and underpin fully franked dividends of 55 cents in FY 2025 and then 65.5 cents in FY 2026. Based on its current share price of $18.70, this would mean dividend yields of 3% and 3.5%, respectively.
Universal Store Holdings Ltd (ASX: UNI)
Finally, Universal Store could be a top ASX dividend share to buy for an income boost according to analysts.
Universal Store has been on form this year and has managed to grow its sales and earnings despite the difficult economic environment. And with the company expanding its footprint and building its online presence, it looks well placed to continue to grow its dividends over the long term.
Bell Potter expects this to be the case. So much so, the broker recently put a buy rating and $10.50 price target on its shares.
A recent note reveals that its analysts are forecasting fully franked dividends of 34.6 cents per share in FY 2025 and then 36.6 cents per share in FY 2026. Based on its current share price of $8.40, this equates to dividend yields of 4.1% and 4.35%, respectively.
