Buy these ASX dividend shares for big yields

Analysts expect these buy-rated shares to offer very generous yields.

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If you are on the lookout for some big dividends, then look no further.

That's because analysts have named the ASX dividend shares below as buys with the potential to offer mouth-watering dividend yields. Here's what they are forecasting from them:

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GQG Partners Inc. (ASX: GQG)

The team at Macquarie thinks that GQG Partners could be a high yield ASX dividend share to buy.

It is a global boutique asset management company that is focused on active equity portfolios for investors that include many large pension funds, sovereign funds, wealth management firms and other financial institutions.

Macquarie thinks that its shares are undervalued right now. It highlights that "at <9x NTM P/E with a >10% yield, valuation remains attractive."

As for income, the broker is forecasting dividends of 14.7 US cents (22.5 Australian cents) per share in FY 2025 and 16 US cents (24.5 Australian cents) per share in FY 2026. Based on its current share price of $2.27, this equates to massive dividend yields of 9.9% and 10.8%, respectively.

Macquarie has an outperform rating and $2.90 price target on its shares.

HomeCo Daily Needs REIT (ASX: HDN)

Another ASX dividend share that gets the thumbs up from analysts is HomeCo Daily Needs REIT.

It is a real estate investment trust that has a mandate to invest in convenience-based assets. This is across the target sub-sectors of Neighbourhood Retail, Large Format Retail and Health & Services.

Ord Minnett is bullish on the company and believes that big yields are coming for income investors.

It is forecasting dividends per share of 8.5 cents in FY 2025 and then 8.6 cents in FY 2026. Based on its current share price of $1.26, this would mean dividend yields of 6.75% and 6.8%, respectively.

The broker has an accumulate rating and $1.46 price target on its shares.

IPH Ltd (ASX: IPH)

Finally, IPH could be an ASX dividend share to buy for big yields. It is an intellectual property (IP) services company that operates across the globe through brands such as AJ Park, Smart & Biggar, and Spruson & Ferguson.

Morgans is positive on the company and 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."

In respect to 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 $4.55, this will mean dividend yields of 7.7% and 7.9%, respectively.

Morgans has an add rating and $6.30 price target on its shares.

Motley Fool contributor James Mickleboro has positions in Gqg Partners. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Macquarie Group. The Motley Fool Australia has positions in and has recommended Macquarie Group. The Motley Fool Australia has recommended Gqg Partners, HomeCo Daily Needs REIT, and IPH Ltd. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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