Experts name 2 ASX dividend shares to buy with great yields

If you’re looking to boost your income with some dividend shares, then you might want to consider the ones listed below.

Both dividend shares are rated as buys and expected to provide investors with attractive yields in the near term. Here’s what you need to know about them:

Dexus Industria REIT (ASX: DXI)

This industrial property company could be a dividend share to buy according to analysts at Morgans.

The broker likes Dexus Industria due to its exposure to key industrial markets, which it notes remain robust and have a solid rental growth outlook thanks to strong tenant demand. In addition, Morgans points out that the company’s development pipeline provides near and medium term upside potential.

Another positive is that Morgans is expecting some big dividend yields in the coming years. Its analysts are forecasting dividends per share of 16.4 cents in FY 2023 and 16.9 cents in FY 2024. Based on the current Dexus Industria share price of $2.65, this will mean yields of 6.2% and 6.4%, respectively.

Morgans also sees plenty of upside for its shares with its add rating and $3.25 price target.

Rural Funds Group (ASX: RFF)

Another ASX dividend share that has been named as a buy is this agricultural focused real estate investment trust (REIT).

Rural Funds is the owner of a quality portfolio of assets across a number of agricultural industries such as orchards, vineyards, water entitlements, cropping, and cattle farms. Many of these properties are leased to major industry players on long term agreements.

Bell Potter is positive on the company and is expecting some attractive dividend yields in the near term. It is forecasting an 11.7 cents per share dividend in FY 2023 and then a 12.7 cents per share dividend in FY 2024. Based on the current Rural Funds share price of $2.52, this represents yields of 4.6% and 5%, respectively.

The broker currently has a buy rating and $2.75 price target on Rural Funds shares.

The post Experts name 2 ASX dividend shares to buy with great yields appeared first on The Motley Fool Australia.

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More reading

• Set for life: 5 ASX dividend shares I’d invest in if I ever had a million-dollar windfall
• Experts name 2 ASX dividend shares to buy with great yields
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• When it comes to ASX 200 dividend shares, is there any such thing as truly passive income?
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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 positions in and has recommended RURALFUNDS STAPLED. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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