Analysts name 2 quality ASX 200 shares for a retirement portfolio

Are you looking for retirement portfolio options for 2023? If you are, then you may want to look at the quality ASX 200 shares listed below.

Here’s why these shares could be top options for retirees:

Centuria Industrial Reit (ASX: CIP)

The first ASX 200 share to consider for a retirement portfolio is Centuria Industrial.

It is an industrial-focused property company that owns a portfolio of high quality industrial assets that has been constructed with the aim of delivering consistent income and capital growth to investors.

Centuria Industrial highlights that its portfolio is heavily weighted to areas of the economy that are in demand from tenants. This includes properties linked to the production, packaging, and distribution of consumer staples, telecommunications and pharmaceuticals.

One leading broker that is positive on Centuria Industrial’s outlook is Ord Minnett. It currently has a buy rating and $3.50 price target on its shares. The broker is also forecasting dividends per share of 16 cents in FY 2023 and FY 2024.

Based on the current Centuria Industrial share price of $3.16, this represents yields of 5% in both years.

Transurban Group (ASX: TCL)

Another ASX share that could be a good option for a retirement portfolio is this leading toll road operator. Transurban owns a portfolio of roads in Australia and North America, as well as a significant project pipeline that could support its growth in the coming years.

After struggling during the pandemic, the company has bounced back and traffic volumes are now booming again. Combined with its positive exposure to inflation, Transurban has been tipped to grow at a solid rate in the coming years.

Macquarie is positive on the company. It currently has an outperform rating and $14.19  price target on its shares.

In addition, the broker is forecasting dividends per share of 53 cents in FY 2023 and then 56.5 cents in FY 2024. Based on the current Transurban share price of $13.58, this will mean yields of 3.9% and 4.2%, respectively.

The post Analysts name 2 quality ASX 200 shares for a retirement portfolio appeared first on The Motley Fool Australia.

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More reading

• Guess which ASX 200 share is trading ex-dividend tomorrow
• Building a retirement income portfolio? Buy these unstoppable ASX dividend shares – analysts
• 3 ASX shares to buy for a possible recession next year
• Could this quiet pocket of the market be an ASX index outperformer through inflation?
• Here are the top 10 ASX 200 shares today

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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