Are you on the lookout for some new picks for your income portfolio and have $5,000 to invest?
If you do, then read on! That's because named below are three ASX dividend stocks that brokers think could be in the buy zone right now. Here's what they are recommending to clients:
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HomeCo Daily Needs REIT (ASX: HDN)
The first ASX dividend stock that could be a buy is HomeCo Daily Needs REIT.
It is a real estate investment trust with a mandate to invest in convenience-based assets across the target sub-sectors of neighbourhood retail, large format retail and health & services. Its three largest tenants are Coles Group Ltd (ASX: COL), Wesfarmers Ltd (ASX: WES), and Woolworths Group Ltd (ASX: WOW).
UBS is bullish and expects some generous dividends in the near term. It is forecasting payouts of 9 cents per share in both FY 2026 and FY 2027. Based on its current share price of $1.38, this would mean generous dividend yields of 6.5%.
The broker has a buy rating and $1.53 price target on its shares.
National Storage REIT (ASX: NSR)
National Storage could be another ASX dividend stock to buy according to analysts.
It is the largest self-storage provider in Australia and New Zealand, with over 275 centres providing tailored storage solutions to approximately 94,500 residential and commercial customers.
Citi likes the company due partly to falling cap rates and favourable supply-demand dynamics. It is also positive on the medium-term outlook for the self-storage sector.
In respect to income, the broker is forecasting dividends of 11.9 cents per share in FY 2026 and then 12.6 cents per share in FY 2027. Based on its current share price of $2.36, this equates to dividend yields of 5% and 5.3%, respectively, for income investors.
Citi has a buy rating and $2.80 price target on its shares.
Transurban Group (ASX: TCL)
Finally, Transurban could be an ASX dividend stock to buy according to Citi.
It is a toll road leader that operates 22 roads across Melbourne, Sydney and Brisbane, the Greater Washington area in the United States and Montreal in Canada. This includes CityLink and the West Gate Tunnel Project in Melbourne, and the Cross City Tunnel and Eastern Distributor in Sydney.
Citi expects these assets to support the payment of dividends per share of 69.9 cents in FY 2026 and then 74.1 cents in FY 2027. Based on its current share price of $13.89, this would mean dividend yields of 5% and 5.3%, respectively.
The broker has a buy rating and $16.10 price target on its shares.
