3 excellent ASX dividend shares to buy with $2,500

Brokers think these shares could be in the buy zone for income investors.

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Are you on the lookout for some ASX dividend shares to buy with $2,500 this month?

If you are, it could be worth checking out the three listed below that analysts are bullish on. Here's what you need to know about them:

Dicker Data Ltd (ASX: DDR)

Dicker Data could be an ASX dividend share to buy according to analysts. It is a technology distributor that supplies software, hardware, cloud, and cybersecurity solutions across Australia.

The team at UBS is positive on the company and sees its valuation as attractive.

The broker also expects some good dividend yields in the near term. It is forecasting fully franked dividends of 45 cents per share in FY 2025 and then 51 cents in FY 2026. Based on its current share price of $8.13, this equates to dividend yields of 5.5% in 2025 and 6.3%, respectively.

UBS currently has a buy rating and $9.30 price target on its shares.

GQG Partners Inc. (ASX: GQG)

Another ASX dividend share that could be a buy is GQG Partners. It is an investment management company that manages global and emerging market equity portfolios for institutions, advisors, and individuals worldwide.

Analysts at Macquarie are positive on the company and sees potential for some huge dividend yields in the coming years.

The broker is forecasting dividends of 14.7 US cents (22.3 Australian cents) per share in FY 2025 and then 16 US cents (24.3 Australian cents) per share in FY 2026. Based on its current share price of $2.40, this equates to massive dividend yields of 9.3% and 10.1%, respectively.

Macquarie has an outperform rating and $2.80 price target on its shares.

Universal Store Holdings Ltd (ASX: UNI)

Finally, Universal Store could be a top ASX dividend share to buy with the $2,500. It is a fast-growing apparel retailer with a focus on the youth fashion market.

Macquarie recently named the company as one of its top small-to-mid-cap picks, noting that "UNI continues to win market share, with ongoing store roll-out supporting network sales growth."

It expects this to underpin fully franked dividends of 33.8 cents per share in FY 2025 and then 39.5 cents per share in FY 2026. Based on its current share price of $7.81, this equates to dividend yields of 4.3% and 5%, respectively.

Macquarie also sees plenty of upside potential for investors. It has an outperform rating and $9.80 price target on the company's shares.

Motley Fool contributor James Mickleboro has positions in Gqg Partners and Universal Store. 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 Dicker Data and Macquarie Group. The Motley Fool Australia has recommended Gqg Partners. 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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