Are you looking for dividend shares to add to your income portfolio this week? If you are, then the two listed below could be worth considering.
These dividend shares have been rated as buys and tipped to provide investors with attractive yields. Here’s what you need to know about them:
Centuria Industrial REIT (ASX: CIP)
The first dividend share to look at is Centuria Industrial. It is the largest domestic pure play industrial REIT on the Australian share market.
These properties are in demand with tenants. For example, in February, the company released its half year results and revealed an 8.9-year weighted average lease expiry with a 99.2% portfolio occupancy. This supported strong funds from operation (FFO) and allowed management to upgrade its guidance.
Macquarie is very positive on Centuria Industrial and currently has an outperform rating and $4.27 price target on its shares. The broker is also forecasting dividends per share of 17.3 cents in FY 2022 and 17.8 cents FY 2023. Based on the current Centuria Industrial share price of $3.86, this equates to yields of 4% and 4.2%, respectively.
Telstra Corporation Ltd (ASX: TLS)
Another dividend share that could be a top option for income investors is telco giant, Telstra. Especially given that its outlook is now the most positive it has been in over a decade.
In fact, in February, Telstra released its half year results and reported underlying earnings growth for the first time in years. This was driven by the success of its T22 strategy, which will soon be replaced with the T25 strategy.
The latter is aiming to deliver solid and sustainable earnings growth over the coming years, which bodes well for its dividend payments.
For now, the team at Morgans continues to forecast fully franked dividends per share of 16 cents in FY 2022 and FY 2023. Based on the current Telstra share price of $4.03, this will mean yields of approximately 4% for investors.
Complementing this is Morgans’ belief that Telstra’s shares have plenty of room to climb higher. Its analysts have an add rating and $4.56 price target on its shares.
The post Analysts name 2 ASX 200 dividend shares to buy now appeared first on The Motley Fool Australia.
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More reading
- 2 high-yielding ASX 200 dividend shares rated as buys by brokers
- Is the Telstra share price a buy for dividends and growth?
- Here’s how the Telstra share price performed last quarter
- Could April be a good month for the Telstra share price?
- Here are the 3 most heavily traded ASX 200 shares on Thursday
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 owns and has recommended Telstra Corporation Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.
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