Are you looking for some ASX dividend shares to buy? If you are, then read on.
That's because the three listed below could be top picks right now according to analysts. Here's what they are saying about them:
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Aspen Group Limited (ASX: APZ)
The team at Bell Potter thinks that Aspen Group could be an ASX dividend share to buy. It is a leading provider of quality affordable accommodation across residential, land lease, and holiday park communities.
Bell Potter believes the company is well-placed to outperform its guidance. It said: "Based on undemanding sales / settlement underwriting assumptions, and current contracts on hand we see upside risk to conservative settlement guidance (FY25/26/27 110/140/170 vs. 114/152/179 BPe), which boosts earnings above APZ medium term growth expectations, notwithstanding considerable balance sheet capacity to hand."
As for income, it is forecasting dividends per share of 10 cents in FY 2025, 10.5 cents in FY 2026, and then 11 cents in FY 2027. Based on the current Aspen share price of $3.59, this will mean dividend yields of 2.8%, 2.9%, and 3.1%, respectively.
The broker currently has a buy rating and $3.90 price target on its shares.
IPH Ltd (ASX: IPH)
Morgans has named IPH as an ASX dividend share to buy. It is a intellectual property (IP) services company operating across the globe through a number of brands. This includes AJ Park, Smart & Biggar, and Spruson & Ferguson.
The broker believes that its shares are being undervalued by the market right now. It highlights 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 income, 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 $4.78, this will mean dividend yields of 7.3% and 7.5%, respectively.
Morgans has an add rating and $6.30 price target on its shares.
National Storage REIT (ASX: NSR)
Analysts at Citi think that National Storage could be an ASX dividend share to buy.
It is the largest self-storage provider in the Australia and New Zealand region with over 260 locations and almost 100,000 residential and commercial customers.
The team at Citi is bullish on the company. It believes National Storage is well-placed to benefit from falling interest rates and highlights its strong occupancy levels.
The broker expects this to underpin dividends per share of 11.3 cents in FY 2025 and then 11.8 cents in FY 2026. Based on its current share price of $2.32, equates to dividend yields of 4.9% and 5.1%, respectively.
Citi has a buy rating and $2.70 price target on its shares.
