For investors looking for passive income, the Australian share market has a multitude of options.
To narrow things down, let's look at three ASX dividend stocks that experts think could be in the buy zone right now.
Here's what they are recommending to clients:
Image source: Getty Images
Centuria Industrial REIT (ASX: CIP)
The first ASX dividend stock that could be a buy is Centuria Industrial REIT.
It is one of Australia's leading industrial real estate companies. At the last count, its portfolio comprised 87 high-quality, fit-for-purpose industrial assets worth a collective $3.89 billion. These assets are situated in key in-fill locations and close to key infrastructure.
The team at UBS is feeling positive about the company and its outlook. It believes it is positioned to reward shareholders with 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 $3.33, this equates to dividend yields of 5% and 5.4%, respectively.
The broker has a buy rating and $3.95 price target on its shares.
IPH Ltd (ASX: IPH)
Another ASX dividend stock that experts are recommending is IPH.
It is a global intellectual property services group that helps clients across the world protect their patents, trademarks, and intellectual property across multiple jurisdictions.
The company's defensive business, strong cash conversion, and disciplined capital management have allowed the company to pay generous dividends over the past decade.
The good news is that Morgans expects this trend to continue. It is forecasting fully franked dividends of 37 cents per share in both FY 2026 and FY 2027. Based on its current share price of $3.60, this would mean dividend yields greater than 10% for both years.
Morgans has a buy rating and $6.05 price target on its shares.
Sonic Healthcare Ltd (ASX: SHL)
A third ASX dividend stock that is rated highly by experts is Sonic Healthcare.
It is one of the world's leading healthcare providers with operations spanning laboratory medicine, pathology, radiology, and primary care medical services.
After a tough period following the end of COVID testing, Bell Potter believes the company is now positioned for sustainable growth.
This is expected to support the payment of partially franked dividends per share of $1.09 per share in FY 2026 and $1.11 per share in FY 2027. With Sonic shares trading at $22.14, this equates to dividend yields of 4.9% and 5%.
Bell Potter has a buy rating and a $33.30 price target on its shares.
