Income investor? Analysts say these are the ASX 200 dividend shares to buy

An older couple holding hands as they laugh while bouncing on a trampoline feeling happy about earning dividends from their ASX shares.

An older couple holding hands as they laugh while bouncing on a trampoline feeling happy about earning dividends from their ASX shares.

If you’re looking for dividend shares to add to your income portfolio, then it could be worth checking out the two listed below.

These ASX 200 dividend shares have been rated as buys by analysts. Here’s what they are saying about them:

Charter Hall Social Infrastructure REIT (ASX: CQE)

The first ASX 200 dividend share that could be a buy is Charter Hall Social Infrastructure REIT.

This growing real estate investment trust invests in social infrastructure properties such as bus depots, police and justice services facilities, and childcare centres.

Analysts at Goldman Sachs are very positive on the company’s outlook. So much so, the broker has a conviction buy rating and $4.13 price target on its shares.

It likes that the company is “executing on its strategy to broaden its investments in social infrastructure” and believes it is well-placed for growth despite the challenging macroeconomic backdrop.

In light of this, Goldman is expecting the company’s dividends to grow in the coming years. It has forecast dividends of 17.2 cents per share in in FY 2023 and then 18 cents per share in FY 2024. Based on the current Charter Hall Social Infrastructure REIT unit price of $3.35, this will mean yields of 5.1% and 5.4%, respectively.

Deterra Royalties Ltd (ASX: DRR)

Another ASX 200 dividend share to look at is Deterra Royalties.

It is the operator of a royalty business covering a portfolio of assets across a range of commodities, primarily focused on bulks, base and battery metals. This includes the Mining Area C iron ore operation which is co-owned with mining giant BHP Group Ltd (ASX: BHP).

Citi is very positive on Deterra Royalties and has a buy rating and $4.70 price target on its shares.

As for dividends, it is expecting fully franked dividends per share of 25.9 cents in FY 2023 and 28 cents in FY 2024. Based on the current Deterra Royalties share price of $4.45, this will mean yields of 5.8% and 6.3%, respectively.

The post Income investor? Analysts say these are the ASX 200 dividend shares to buy appeared first on The Motley Fool Australia.

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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 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.

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