Are you looking for some new additions to your income portfolio?
If you are, then read on! That's because listed below there are three ASX dividend shares that have been given the thumbs up by analysts.
Let's see what they are recommending to income investors right now:
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Centuria Industrial REIT (ASX: CIP)
The first ASX dividend share that could be a buy for income investors is Centuria Industrial REIT.
It is Australia's largest domestic industrial property investment company, with a portfolio of high-quality assets. This includes 87 fit-for-purpose industrial assets worth a collective $3.8 billion that are situated in key in-fill locations and close to key infrastructure.
UBS is a fan of the company and is forecasting dividends of 16.3 cents per share in FY 2025 and then 16.8 cents per share in FY 2026. Based on its current share price of $3.08, this will mean dividend yields of 5.3% and 5.5%, respectively.
The broker currently has a buy rating and $3.82 price target on its shares.
Harvey Norman Holdings Limited (ASX: HVN)
Another ASX dividend share that could be a buy according to analysts is Harvey Norman. It is of course one of Australia's leading retailers.
Bell Potter is a fan of the company and believes it is well-placed to benefit from an AI-driven device upgrade cycle. Interest rate cuts should also be a boost to its business.
As for income, the broker expects fully franked dividends of 25.4 cents per share in FY 2025 and 28.1 cents per share in FY 2026. Based on its current share price of $5.29, this will mean dividend yields of 4.8% and 5.3%, respectively.
Bell Potter currently has a buy rating and $6,00 price target on its shares.
Treasury Wine Estates Ltd (ASX: TWE)
Finally, over at Goldman Sachs, its analysts think that Treasury Wine could be an ASX dividend share to buy right now.
Treasury Wine is the wine giant behind popular brands such as Penfolds, Wolf Blass, and 19 Crimes.
Goldman is very positive on the company's medium term outlook. This is thanks partly to the strength of the Penfolds brand and the removal of Chinese tariffs on Australian wine. The broker expects this to underpin partially franked dividends of 42 cents per share in FY 2025 and then 49 cents in FY 2026. Based on its current share price of $8.25 this would mean dividend yields of 5.1% and 5.9%, respectively.
Goldman Sachs currently has a buy rating and a $12.90 price target on its shares.
