Are you looking for ASX dividend shares to buy? If you are, then take a look at the five listed below that brokers rate as buys.
Here's what they are recommending:
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Accent Group Ltd (ASX: AX1)
Bell Potter has named Accent Group as a buy with a $2.60 price target. It is a footwear-focused retailer that owns and operates leading brands like The Athlete's Foot, Hype DC, and Platypus. It is also rolling out the Sports Direct brand across the ANZ region.
In respect to income, the broker is forecasting fully franked dividends of 10.2 cents per share in FY 2025 and then 12.7 cents per share in FY 2026. Based on its current share price of $1.94, this represents dividend yields of 5.25% and 6.5%, respectively.
Endeavour Group Ltd (ASX: EDV)
Another ASX dividend share that gets the thumbs up is Endeavour Group. It is the leader in the Australian alcohol retail market through its popular store brands Dan Murphy's and BWS. Morgan Stanley has an overweight rating and $5.30 price target on its shares.
As for dividends, the broker is forecasting fully franked dividends 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 $4.10, this will mean dividend yields of 4.6% and 5.1%, respectively.
HomeCo Daily Needs REIT (ASX: HDN)
Morgans rates HomeCo Daily Needs REIT as an ASX dividend share to buy. It has an add rating and $1.33 price target on the daily needs focused real estate investment trust.
The broker is expecting some big dividend yields in the near term. It is forecasting dividends per share of 8.6 cents in both FY 2025 and FY 2026. Based on its current share price of $1.26, this would mean dividend yields of 6.8%.
Rural Funds Group (ASX: RFF)
Bell Potter has also named Rural Funds as an ASX dividend share to buy with a $2.45 price target. It is a diversified agricultural property company that owns a portfolio of high-quality assets leased to major operators.
The broker is forecasting dividends per share of 11.7 cents in FY 2025 and then 12.2 cents in FY 2026. Based on its current share price of $1.76, this will mean dividend yields of 6.6% and 6.9%, respectively.
Smartgroup Corporation Ltd (ASX: SIQ)
Finally, Smartgroup could be an ASX dividend share to buy according to Macquarie. It has an outperform rating and $9.06 price target on the salary packaging and novated leasing services provider's shares.
As for income, the broker is forecasting fully franked payouts of 50.8 cents per share in FY 2025 and then 53.6 cents in FY 2026. Based on its current share price of $7.68, this implies dividend yields of 6.6% and 7%, respectively.
