If you’re looking for dividend shares with attractive yields, then you may want to look at the ones listed below.
Here’s why analysts rate these ASX dividend shares as buys:
Bank of Queensland Limited (ASX: BOQ)
The first ASX dividend share that could be a top option is Bank of Queensland.
This regional bank has been tipped as a buy by analysts at Morgans. In fact, they “see exceptional value” in its shares at the current level. Particularly given the success of its transformation program, its above-system growth, and cost synergies from the recent ME Bank acquisition.
The broker currently has an add rating and $11.00 price target on its shares. This compares favourably to the latest Bank of Queensland share price of $7.50.
As for dividends, Morgans is forecasting fully franked dividends per share of 49 cents in FY 2022 and then 54 cents per share in FY 2023. This implies yields of 6.5% and 7.2%, respectively.
Dexus Industria REIT (ASX: DXI)
Another ASX dividend share that has been rated as a buy is Dexus Industria.
This industrial and office focused property company, formerly known as APN Industria, owns interests in office and industrial properties across the country.
Macquarie is bullish on Dexus Industria due to strong demand and its sizeable industrial development pipeline. It expects this to underpin attractive dividends in the near term.
For example, Macquarie is forecasting dividends per share of 17.3 cents in FY 2022 and 18.6 cents in FY 2023. Based on the latest Dexus Industria share price of $3.12, this will mean yields of 5.5% and 6%, respectively.
Macquarie also sees plenty of upside of the company’s shares and has an outperform rating and $3.59 price target on them.
The post Analysts name 2 ASX dividend shares to buy with juicy yields appeared first on The Motley Fool Australia.
Wondering where you should invest $1,000 right now?
When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for over ten years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*
Scott just revealed what he believes could be the five best ASX stocks for investors to buy right now. These stocks are trading at near dirt-cheap prices and Scott thinks they could be great buys right now.
*Returns as of January 12th 2022
More reading
- Could Bank of Queensland shares deliver 46% upside AND a 4.5% dividend yield in 2022?
- How does the Bank of Queensland dividend compare to the other ASX 200 banks?
- 2 high-yield ASX 200 dividend shares to fight inflation according to brokers
- How has the Bank of Queensland share price travelled since the company’s half-year results?
- Is there upside in the Bank of Queensland share price in May?
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 has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
from The Motley Fool Australia https://ift.tt/JIvos0c
Leave a Reply