Fortunately for income investors, there are lots of ASX dividend shares to choose from.
But with so much choice, it can be hard to decide which ones to buy.
To narrow things down, let's look at three dividend shares with 5%+ dividend yields that analysts are tipping as buys.
They are as follows:
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Charter Hall Long WALE REIT (ASX: CLW)
The team at Citi thinks that Charter Hall Long WALE REIT could be a top pick for income investors.
The broker has a buy rating and $4.10 price target on the long-lease focused property company's shares.
Citi highlights that the company's shares offer value at current levels, especially with a large portion of rents inflation-linked and its big dividend yield.
Speaking of which, the broker is forecasting dividends per share of 25.5 cents in FY 2026 and then 25.7 cents in FY 2027. Based on its current share price of $3.71, this would mean dividend yields of approximately 6.9% in both years.
Harvey Norman Holdings Ltd (ASX: HVN)
Another ASX dividend share that could be worth considering is retail giant Harvey Norman.
Bell Potter is bullish on the company and has a buy rating and $6.00 price target on its shares.
Although the broker expects FY 2027 to be a tough year, it believes this is more than priced in. So, with generous dividend yields expected, it sees now as a good time to snap up Harvey Norman's shares.
Bell Potter is forecasting fully franked dividends of 31.1 cents per share in FY 2027 and then 33.3 cents per share in FY 2028. Based on its current share price of $4.82, this equates to dividend yields of 6.5% and 6.9%, respectively.
Universal Store Holdings Ltd (ASX: UNI)
A third ASX dividend share that brokers are recommending to clients is Universal Store.
Morgans has a buy rating and $9.50 price target on the youth fashion retailer's shares.
The broker has been pleased with the company's performance in FY 2026, highlighting that double-digit sales growth is expected despite tough operating conditions.
It notes that Universal Store's Perfect Stranger brand is performing strongly, which bodes well for its store rollout.
With respect to income, Morgans is forecasting the company to pay fully franked dividends of 40 cents per share in FY 2026 and then 46 cents per share in FY 2027. Based on its current share price of $7.43, this represents dividend yields of 5.4% and 6.2%, respectively.
