With the Reserve Bank of Australia tipped to cut interest rates today, it is getting harder to find great yields with term deposits.
But don't worry because there are plenty of ASX dividend shares out there to save the day. Here are three that analysts think are buys:
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IPH Ltd (ASX: IPH)
IPH could be an ASX dividend share for income investors to consider buying.
It is a leading intellectual property (IP) services company with a global footprint. It operates under a number of names such as AJ Park, Griffith Hack, Pizzeys, ROBIC, Smart & Biggar, and Spruson & Ferguson.
Morgans is bullish 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, Morgans is forecasting fully franked payouts 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 $5.42, this will mean dividend yields of 6.5% and 6.6%, respectively.
Morgans has an add rating and $6.30 price target on its shares.
National Storage REIT (ASX: NSR)
Another ASX dividend share that could be a buy according to analysts is National Storage.
It is the largest self-storage provider in Australia and New Zealand with over 250 locations providing tailored storage solutions to almost 100,000 residential and commercial customers.
Citi is positive on the company believes it is well-placed to outperform expectations thanks to improving occupancy and revenue per metre.
As for dividends, the broker is forecasting payouts of 11.3 cents per share in FY 2025 and FY 2026. Based on its current share price of $2.46, this would mean dividend yields of 4.6%.
Citi has a buy rating and $2.70 price target on its shares.
Stockland Corporation Ltd (ASX: SGP)
Over at Morgan Stanley, its analysts think that Stockland could be an ASX dividend share to buy.
It is one of Australia's largest diversified property companies with a specialty in residential communities, land lease communities, town centres, logistics, and office real estate.
Morgan Stanley is forecasting dividends per share of 25 cents in FY 2025 and then 26.8 cents in FY 2026. Based on its current share price of $5.64, this would mean dividend yields of 4.4% and 4.75%, respectively.
The broker has an overweight rating and $6.75 price target on its shares.
