3 high-yield ASX dividend stocks to buy in August

Are you on the hunt for some generous dividend yields? If you are, then look no further than the high-yield …

| More on:
Australian dollar notes in the pocket of a man's jeans, symbolising dividends.

Image source: Getty Images

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

Are you on the hunt for some generous dividend yields? If you are, then look no further than the high-yield ASX dividend stocks listed below.

They have recently been named as buys by analysts and are tipped to provide investors with yields of 4.6%+ in the near term.

Here's what is being recommended to income investors this week:

GQG Partners Inc. (ASX: GQG)

The first high-yield ASX dividend stock to look at is GQG Partners. It is an investment company that manages global and emerging market equity portfolios for institutions, advisors, and individuals worldwide.

The team at Macquarie remains positive on the company despite its poor performance this year.

In fact, even though its fund inflows have been struggling because of its defensive investment strategies in a booming share market, the broker still believes it is positioned to reward shareholders with some big dividend yields in the coming years.

It is forecasting dividends of approximately 22.7 cents per share in FY 2025 and then 24 cents per share in FY 2026. Based on its current share price of $1.79, this equates to massive dividend yields of 10.6% and 11.7%, respectively.

Macquarie has an outperform rating and $2.64 price target on its shares.

IPH Ltd (ASX: IPH)

Morgans thinks that IPH could be a high-yield ASX dividend stock to buy this week.

It is a leading intellectual property services provider, assisting businesses across the globe with patents, trademarks, and legal protection.

IPH has one of the best dividend track records around and has lifted its payout each year for over a decade.

The good news is that Morgans believes the company is well-placed to continue this trend in the coming years. It 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 $5.63, this will mean dividend yields of 6.2% and 6.4%, respectively.

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

Transurban Group (ASX: TCL)

A final high-yield ASX dividend stock to buy could be Transurban.

It is toll road giant with assets across Sydney, Melbourne, Brisbane, and North America, including CityLink in Melbourne and Cross City Tunnel in Sydney.

UBS is positive on the company's outlook and is forecasting dividends per share of 65 cents in FY 2025 and then 69 cents in FY 2026. Based on its current share price of $14.05, this would mean dividend yields of 4.6% and 4.9%, respectively.

UBS has a buy rating and $14.85 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 and Transurban Group. The Motley Fool Australia has positions in and has recommended Macquarie Group. The Motley Fool Australia has recommended Gqg Partners and IPH Ltd. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

More on Dividend Investing

Middle age caucasian man smiling confident drinking coffee at home.
Dividend Investing

2 ASX dividend stocks tipped to deliver 7% to 10% yields in 2026

Big yields and major upside could be on offer with these shares according to brokers.

Read more »

Flying Australian dollars, symbolising dividends.
Dividend Investing

This 4.6% dividend stock sends cash to investors every single month

This dividend stock is off to a flying start.

Read more »

Australian dollar notes in the pocket of a man's jeans, symbolising dividends.
Dividend Investing

Own ASX IOZ or other iShares ETFs? Dividends just announced!

BlackRock has revealed the next lot of distributions for a range of its ASX iShares ETFs.

Read more »

$50 dollar notes jammed in the fuel filler of a car.
Dividend Investing

After strong dividends? Look at these 2 major ASX energy stocks

Both oil and gas shares offer stability plus sizeable yields.

Read more »

Investor kissing piggy bank.
Dividend Investing

The best ASX dividend shares to buy in January

Analysts think these shares would be great picks for income investors.

Read more »

Woman holding $50 notes with a delighted face.
Dividend Investing

Why APA shares are a retiree's dream

This business offers retiree investors a lot of positives.

Read more »

Man holding out Australian dollar notes, symbolising dividends.
Dividend Investing

2 ASX dividend shares with yields above 7%!

These stocks offer investors significant potential income.

Read more »

A woman sits in a cafe wearing a polka dotted shirt and holding a latte in one hand while reading something on a laptop that is sitting on the table in front of her
Financial Shares

Argo just locked in its key dates for 2026. Here's what investors need to know

Let’s take a look at what’s ahead for the start of the year.

Read more »