Fortunately for income investors, there are a lot of options out there for them to choose from on the Australian share market.
But which ASX dividend stocks could be buys in December? Let's take a look at two that analysts at are recommending as buys:
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Amcor (ASX: AMC)
The first ASX dividend stock that analysts are tipping as a buy is packaging giant Amcor.
Morgans is bullish on the company due to its positive outlook and attractive valuation. It has put a buy rating and $15.20 price target on its shares.
Commenting on Amcor, the broker said:
Following AMC's solid 1Q26 result, management's increased confidence in delivering FY26 synergy targets, and the reaffirmation of FY26 guidance, we believe the outlook remains positive. Trading on 10.4x FY26F PE with a 6.1% yield, we view the valuation as attractive. Potential positive catalysts include meeting or exceeding expectations in upcoming quarterly results and the successful completion of additional asset sales.
Morgans believes that this positions the company to pay dividends per share of approximately 81 cents in FY 2026 and then 83 cents in FY 2027. Based on its current share price of $12.24, this would mean dividend yields of 6.6% and 6.8%, respectively.
GDI Property Group Ltd (ASX: GDI)
Another ASX dividend stock that could be a buy is GDI Property Group.
It describes itself as an integrated, internally managed property and funds management group with capabilities in ownership, management, refurbishment, leasing, and syndication of office properties.
Bell Potter is a fan of the company and has put a buy rating and 85 cents price target on its shares.
The broker highlights that GDI Property's shares trade at a deep discount compared to their net tangible assets. This could be a buying opportunity for investors. It said:
No change to our Buy recommendation. GDI continues to trade at a significant -41% discount to NTA which reflects no value for its FM OpCo, and while the Perth office market recovery could be a 'slow burn' with early leasing wins working through for GDI, we do still see upside from current levels which drops straight through to FFO gains.
As for income, the broker is forecasting dividends of 5 cents per share in both FY 2026 and FY 2027. Based on its current share price of 65 cents, this would mean dividend yields of 7.7% for both years.
