For investors seeking a blend of income and stability, ASX dividend stocks remain the go-to option in the current environment.
But which ones are buys?
The best dividend stocks don't just offer attractive dividend yields today — they also have sustainable business models that can grow earnings (and dividends) over time.
With that in mind, here are five ASX dividend stocks that analysts think could be worth buying and holding for years.
Cedar Woods Properties Ltd (ASX: CWP)
The first ASX dividend stock to look at is Cedar Woods. It is one of the country's leading residential property developers.
Bell Potter is positive on the company. It believes Australia's chronic housing shortage will support the payout of fully franked dividends of 28 cents per share in FY 2025 and then 32 cents per share in FY 2026. Based on the current share price, this equates to dividend yields of 3.8% and 4.3%, respectively.
Bell Potter has a buy rating and $8.00 price target on its shares.
Coles Group Ltd (ASX: COL)
Another ASX dividend stock to look at is Coles. It offers investors a steady income stream through its defensive supermarket operations. No matter the economic climate, Australians continue to buy groceries, which supports predictable earnings and fully franked dividends.
UBS rates it highly and has a buy rating and $23.50 price target on its shares. As for income, it is forecasting fully franked dividend yields of 3.5%+ in the near term.
Endeavour Group Ltd (ASX: EDV)
Endeavour is the owner of Dan Murphy's, BWS, and a large hotel portfolio. It offers investors a mix of steady liquor retail revenue and higher-margin hospitality earnings. Its nationwide footprint gives it scale, while its liquor business tends to hold up well even when consumer confidence dips.
Morgans is a fan and has an accumulate rating and $4.35 price target on its shares. As for income, it expects dividend yields of 4.7% and 5.2%, respectively, over the next two years.
Super Retail Group Ltd (ASX: SUL)
A fourth ASX dividend stock to look at is Super Retail. It is the owner of Supercheap Auto, Rebel, BCF and Macpac.
Citi likes the resilience of its businesses and its attractive dividend yield. It currently has a buy rating and $16.15 price target on its shares. As for income, it expects the company's shares to provide fully franked dividend yields of 7.7% in FY 2025 and then 7.9% in FY 2026.
Telstra Group Ltd (ASX: TLS)
Finally, Telstra could be an ASX dividend stock to buy according to analysts at Macquarie.
They are feeling positive about the telco giant's outlook following the release of its Connected Future 30 strategy.
The broker has an outperform rating and $5.28 price target on its shares. As for income, it is forecasting dividends yields of 4% and 4.45%, respectively, over the next two years.
