Where to invest $10,000 in ASX dividend stocks in October

Looking for income options? Here are three brokers are tipping as buys.

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Key points

  • A specialist alternative investment manager, backed by Bell Potter, projects attractive dividend yields of 4% and 5.8%, supported by its broad investment strategies.
  • An agricultural property company, recommended by Bell Potter, offers consistent dividend yields of 6.1% with long lease contracts across a diverse portfolio.
  • One of Australia's largest diversified property companies, endorsed by Citi, provides yields of 4% and 4.3%, taking advantage of changing cap rates and rising valuations.

Thankfully for income investors, the Australian share market is one of the most generous in the world.

The only negative is that it can be hard to decide which ASX dividend stocks to buy given the many options.

To help narrow things down, I have picked out three stocks that analysts are tipping as buys this month. Here's what they are recommending and why they could be top picks for a $10,000 investment:

Regal Partners Ltd (ASX: RPL)

Bell Potter thinks that Regal Partners could be an ASX dividend stock to buy this month.

It is a specialist alternative investment manager with approximately $18.5 billion in funds under management. It manages a broad range of investment strategies covering long/short equities, private markets, real and natural assets, and credit and royalties on behalf of institutions, family offices, charitable groups, and private investors.

Bell Potter believes the company is positioned to pay fully franked dividends of 13.2 cents per share in FY 2026 and then 19 cents in FY 2027. Based on its current share price of $3.28, this equates to dividend yields of 4% and 5.8%, respectively.

The broker currently has a buy rating and $4.10 price target on its shares.

Rural Funds Group (ASX: RFF)

A second ASX dividend stock that could be a buy for income investors in October is Rural Funds.

Bell Potter is also positive on this agricultural property company. Its portfolio includes almond and macadamia orchards, premium vineyards, water entitlements, cropping and cattle farms. These are leased to some of the biggest players in the industry on long leases.

The broker believes its portfolio positions it to pay dividends per share of 11.7 cents in FY 2026 and FY 2027. Based on the current Rural Funds share price of $1.91, this would mean dividend yields of 6.1% for both years.

Bell Potter has a buy rating and $2.45 price target on its shares.

Stockland Corporation Ltd (ASX: SGP)

The team at Citi thinks that Stockland could be an ASX dividend stock 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.

Citi recently named the company as one of its top picks in the sector as cap rates fall and valuations lift.

As for income, the broker is forecasting dividends per share of 25.2 cents in FY 2026 and then 26.7 cents in FY 2027. Based on its current share price of $6.21, this would mean dividend yields of 4% and 4.3%, respectively.

Citi has a buy rating and $6.90 price target on its shares.

Citigroup is an advertising partner of Motley Fool Money. 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 no position in any of the stocks mentioned. The Motley Fool Australia has positions in and has recommended Rural Funds Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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