The Reserve Bank of Australia has been cutting interest rates this year and could continue doing so in 2026.
As a result, the rates on offer with term deposits and savings accounts are becoming less attractive and barely keeping up with inflation.
But don't worry because there are plenty of ASX dividend shares out there that offer attractive dividend yields. This includes the three named below that brokers rate as buys:
Accent Group Ltd (ASX: AX1)
Accent Group is being tipped as an ASX dividend share to buy. It is a leading Australian footwear retailer that owns popular brands such as HypeDC, Platypus, and The Athlete's Foot.
Bell Potter is positive on the company. This is due partly to its market leadership, strategic growth initiatives, the ongoing expansion into apparel, and the rollout of the Sports Direct brand across Australia.
The broker expects this to underpin fully franked dividends of 7.8 cents per share in FY 2026 and 9.2 cents per share in FY 2027. Based on the latest share price of $1.31, this equates to attractive dividend yields of 6% and 7%, respectively.
Bell Potter has a buy rating and $2.60 price target on its shares.
GQG Partners Inc (ASX: GQG)
Another ASX dividend share that could help income investors overcome low interest rates is GQG Partners.
It is a global investment boutique managing active equity portfolios with US$167 billion in funds under management (FUM).
The team at Macquarie is positive on the company and believes the market is undervaluing its shares. It also expects some enormous dividend yields in the near term.
In respect to dividends, the broker is forecasting payouts of approximately 22.6 cents per share in FY 2025 and 23.2 cents per share in FY 2026. Based on its current share price of $1.61, this would mean massive dividend yields of 14% and 14.4%, respectively.
Macquarie has an outperform rating and $2.55 price target on GQG Partners shares.
National Storage REIT (ASX: NSR)
Finally, National Storage could be an ASX dividend share to buy now.
It is the largest self-storage provider in Australia and New Zealand. At the last count, the company had over 250 locations that were providing tailored storage solutions to almost 100,000 residential and commercial customers.
Citi is feeling positive about this one and has named it as one of its top picks in the property sector.
As for dividends, the broker is forecasting payouts 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.
