3 super ASX dividend shares to buy with 6%+ yields

Analysts think these shares could help income investors beat falling interest rates.

| More on:

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

Key points
  • A real estate investment trust focusing on convenience-based assets offers enticing dividend yields over 6%, with major tenants including renowned blue-chips.
  • A financial services firm poised for transformation could see enhanced cash flow and dividend yields exceeding 6% as operational changes take effect.
  • A rural property owner with a diversified portfolio offers consistent high-yield dividends, supported by long-term leases with quality tenants.

The good news for income investors is that the Australian share market is one of the most generous in the world.

But which ASX dividend shares could be top picks for investors this week?

Listed below are three that analysts rate highly and are tipping to offer 6%+ dividend yields. Here's what they are recommending:

Happy man holding Australian dollar notes, representing dividends.

Image source: Getty Images

HomeCo Daily Needs REIT (ASX: HDN)

The first ASX dividend share that could be a buy right now is HomeCo Daily Needs REIT.

It is a real estate investment trust (REIT) with a focus on convenience-based assets. This is across the target sub-sectors of neighbourhood retail, large format retail and health & services. It counts blue chips Woolworths Group Ltd (ASX: WOW) and Wesfarmers Ltd (ASX: WES) among its largest tenants.

UBS is bullish on the company and highlights the discount its shares trade on compared to its net tangible assets.

As for income, the broker is forecasting dividends per share of 9 cents in FY 2026 and FY 2027. Based on its current share price of $1.37, this would mean dividend yields of 6.7% and 6.8%, respectively.

UBS has a buy rating and $1.53 price target on its shares.

Perpetual Ltd (ASX: PPT)

Financial services company Perpetual could be an ASX dividend share to buy right now according to analysts at Bell Potter.

The broker is positive due partly to its belief that its transformation will start to bear fruit soon. Its analysts highlight that they "anticipate that the sale of the Wealth Management business will free resource within the company, reducing net debt, and lower interest costs which in turn should free cashflow for dividends and reinvestment in the business."

Bell Potter is forecasting dividends per share of $1.25 in FY 2026 and then $1.38 in FY 2027. Based on its current share price of $18.60, this would mean dividend yields of 6.7% and 7.4%, respectively.

The broker has a buy rating and $24.00 price target on its shares.

Rural Funds Group (ASX: RFF)

Another ASX dividend share that is being tipped as a buy is Rural Funds.

It is an owner of a diversified portfolio of farmland, including cattle, vineyards, and cropping properties, which it leases to high-quality tenants on long-term agreements.

Bell Potter is positive on the company and thinks its shares are being undervalued by the market.

In addition, they expect some generous dividend yields in the near term. The broker is forecasting dividends per share of 11.7 cents in both FY 2026 and FY 2027. Based on its current share price, this would mean dividend yields of 6% for both years.

Bell Potter has a buy rating and $2.45 price target on Rural Funds' shares.

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Wesfarmers. The Motley Fool Australia has positions in and has recommended Rural Funds Group. The Motley Fool Australia has recommended HomeCo Daily Needs REIT and Wesfarmers. 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

Small girl giving a fist bump with a piggy bank in front of her.
Dividend Investing

Own ASX IOZ or other iShares ETFs? Here are the dividends you'll get today

BlackRock will pay your dividends today.

Read more »

Man holding Australian dollar notes, symbolising dividends.
Dividend Investing

2 ASX shares with dividend yields above 8%

These stocks can provide significant levels of passive income.

Read more »

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

3 excellent ASX dividend shares with 5% to 7% yields to buy

Analysts think these dividend shares are top buys this month.

Read more »

Person holding Australian dollar notes, symbolising dividends.
Dividend Investing

Forget BHP shares! Buy these ASX dividend shares instead for passive income

BHP is solid, but it’s not one of my preferred picks today for passive income.

Read more »

Happy young woman saving money in a piggy bank.
Dividend Investing

Where I'd invest on the ASX for passive income right now

Building passive income isn’t just about yield. These ASX shares highlight what really matters over time.

Read more »

multiple road lanes with cars
Dividend Investing

Which ASX dividend share could you buy and hold forever?

To perform, this ASX stock simply needs people to keep moving.

Read more »

ETF written on wooden blocks with a magnifying glass.
Dividend Investing

Why this is the best income ASX ETF for retirees

This fund offers passive income and growth.

Read more »

A woman looks excited as she holds Australian dollars in the air.
Dividend Investing

How many Wesfarmers shares do I need to buy for $1,000 of annual passive income?

Can the Bunnings and Kmart owner deliver good passive income?

Read more »