These high-yield ASX dividend shares could rise 13% to 50%

Big returns could be on offer with these dividend shares according to analysts.

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Key points

  • Accent Group could be a stylish addition to your portfolio, with analysts forecasting nearly 50% upside and impressive dividend yields thanks to its thriving retail brands like HypeDC.
  • Steady as she goes for Harvey Norman, where robust cash flow and a solid asset base suggest continued attractive dividends and a potential 13% share price lift.
  • Rural Funds Group taps into the resilience of agriculture, offering a defensive play with juicy dividends and a projected 28% gain, all rooted in diverse farmland investments.

With interest rates expected to ease further in 2026, ASX dividend shares are well and truly back in the spotlight.

Fortunately, there's no shortage of quality options on the ASX.

For example, listed below are three ASX dividend shares that analysts at Bell Potter see as attractive buys this November.

Accent Group Ltd (ASX: AX1)

The team at Bell Potter thinks that footwear retailer Accent could be a top option for income investors.

It currently has a buy rating and $1.80 price target on the HypeDC and The Athlete's Foot owner's shares. This implies potential upside of almost 50% for investors from current levels.

As for income, the broker is forecasting fully franked dividends of 7.8 cents per share in FY 2026 and then 9.2 cents per share in FY 2027. Based on its current share price of $1.21, this equates to dividend yields of 6.4% and 7.6%, respectively.

Harvey Norman Holdings Ltd (ASX: HVN)

Bell Potter also thinks the electronics retailer Harvey Norman could be an ASX dividend share to buy.

The broker has a buy rating and $8.30 price target on its shares. This suggests that upside of 13% is possible over the next 12 months.

In recent years, Harvey Norman has rewarded shareholders with big fully franked dividends backed by strong cash generation and a solid property portfolio.

Bell Potter expects this to continue and is forecasting fully franked dividends of 30.9 cents per share in FY 2026 and then 35.3 cents per share in FY 2027. Based on its current share price of $7.33, this would mean dividend yields of 4.2% and 4.8%, respectively.

Rural Funds Group (ASX: RFF)

Another ASX dividend share that analysts are positive on is Rural Funds Group.

It offers exposure to a unique and defensive asset class: farmland. Its properties span cattle, cropping, vineyards, and orchards, leased to established agricultural operators on long-term contracts that include inflation-linked rent increases.

Bell Potter is also positive on this one and has a buy rating and $2.45 price target on its shares. This implies potential upside of 28% for investors over the next 12 months.

With respect to dividends, the broker is expecting the company to pay 11.7 cents per share in both FY 2026 and FY 2027. Based on its current share price of $1.91, this would mean dividend yields of 6.1% for both years.

Motley Fool contributor James Mickleboro has positions in Accent Group. 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 Harvey Norman and Rural Funds Group. The Motley Fool Australia has recommended Accent 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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