Are you on the lookout for some new picks for your income portfolio?
If you are, then it could be worth checking out the three ASX dividend shares listed below that brokers think could be in the buy zone right now. Here's what they are recommending to clients:
Centuria Industrial REIT (ASX: CIP)
The team at UBS thinks that Centuria Industrial REIT could be an ASX dividend share to buy this month.
It is an industrial property company that owns a high-quality portfolio of 87 fit-for-purpose industrial assets worth a collective $3.89 billion. This includes warehouses, logistics hubs, and distribution centres across Australia.
UBS likes the company due to its defensive assets and long weighted average lease expiry. It believes this positions Centuria Industrial REIT to pay dividends per share of 16.8 cents in FY 2026 and then 17.9 cents in FY 2027. Based on its current share price of $3.42, this equates to dividend yields of 4.9% and 5.2%, respectively.
UBS has a buy rating and $3.95 price target on its shares.
HomeCo Daily Needs REIT (ASX: HDN)
Another ASX dividend share that analysts think could be a buy this month is HomeCo Daily Needs REIT.
It is a real estate investment trust focused on convenience-based assets across the target sub-sectors of neighbourhood retail, large format retail and health & services. It has a number of blue-chip tenants including Coles Group Ltd (ASX: COL), Wesfarmers Ltd (ASX: WES), and Woolworths Group Ltd (ASX: WOW).
UBS is also a fan of this one and believe there are generous dividend yields on the way. It is forecasting dividends of 9 cents per share in both FY 2026 and FY 2027. Based on its current share price of $1.37, this would mean generous dividend yields of 6.5%.
The broker currently has a buy rating and $1.53 price target on its shares.
Universal Store Holdings Ltd (ASX: UNI)
A third ASX dividend share that analysts are tipping as a buy this month is Universal Store.
It is the youth fashion retailer behind the Thrills, Perfect Stranger, and Universal Store brands.
Bell Potter has been impressed with the company's performance in a tough operating environment and believes it can build on this in FY 2026 and FY 2027. As a result, the broker is forecasting fully franked dividends of 36.8 cents per share in FY 2026 and 41.1 cents per share in FY 2027. Based on its current share price of $8.99, this equates to dividend yields of 4.1% and 4.6%, respectively.
Bell Potter has a buy rating and $10.50 price target on its shares.
