These excellent ASX dividend stocks could rise 20% to 30%

Income investors may want to check out these stocks that brokers are bullish on.

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Key points

  • A major self-storage provider is recommended due to favourable market conditions with expected dividend yields of 5% and 5.3% over the next two fiscal years.
  • A leading financial services company is seen positively for its strategic transformation and asset sale, with forecasted dividend yields of 6.3% and 7%.
  • A diversified farmland owner is anticipated to offer stable dividend yields of 6.15% with long-term tenant agreements, making it a strong buy.

Do you have room in your income portfolio for some new additions this week?

If you do, then it could be worth checking out the three ASX dividend stocks named below.

That's because they have been tipped as buys and forecast to offer attractive dividend yields by brokers. Here's what you need to know about these picks:

National Storage REIT (ASX: NSR)

National Storage could be an ASX dividend stock to buy according to analysts at Citi.

It is the largest self-storage provider in Australia and New Zealand. At the last count, it was providing tailored storage solutions to approximately 94,500 customers across over 275 centres.

The team at Citi believes falling cap rates and favourable supply-demand dynamics make National Storage a buy. Particularly given the positive medium-term outlook for the self-storage sector.

The broker expects this to underpin 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 $2.37, this equates to dividend yields of 5% and 5.3%, respectively, for income investors.

Citi currently has a buy rating and $2.80 price target on its shares. This implies potential upside of almost 20% for investors from current levels.

Perpetual Ltd (ASX: PPT)

Another ASX dividend stock that has been given the seal of approval from analysts is Perpetual.

It is one of Australia's leading financial services companies with total assets under management of $226.8 billion.

Bell Potter is positive on the company partly due to its belief that its transformation will deliver the goods in the coming years. They also "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 expects this to support dividends per share of $1.25 in FY 2026 and then $1.38 in FY 2027. Based on its current share price of $19.83, this would mean dividend yields of 6.3% and 7%, respectively.

The broker currently has a buy rating and $24.00 price target on its shares. This suggests that upside of 21% is possible over the next 12 months.

Rural Funds Group (ASX: RFF)

Bell Potter is also feeling bullish about Rural Funds and thinks it could be an ASX dividend stock to buy.

Rural Funds owns a diversified portfolio of farmland which is leased to high-quality tenants on long-term agreements. This includes cattle, vineyards, and cropping properties.

Bell Potter is forecasting dividends per share of 11.7 cents in both FY 2026 and FY 2027. Based on its current share price of $1.90, this would mean dividend yields of 6.15% for both years.

The broker currently has a buy rating and $2.45 price target on its shares. This implies potential upside of almost 30% for investors.

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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