Are you searching for ASX dividend shares to buy? If you are, then the two named below could be worth checking out.

Both have been named as buys by analysts and tipped to provide attractive yields. Here’s what you need to know about them:

Charter Hall Long WALE REIT (ASX: CLW)

The first ASX dividend share that has been named as a buy is Charter Hall Long Wale REIT.

It is a property company focused on high quality real estate assets that are leased to corporate and government tenants on long term leases. And when I say long, I mean it!

For example, the team at Citi is positive on Charter Hall Long Wale REIT due to its “low risk income stream with c. 12 year WALE and 99.9% occupancy.”

The broker expects this to underpin dividends per share of 28 cents in FY 2023 and 29 cents in FY 2024. Based on the current Charter Hall Long Wale REIT share price of $4.30, this will mean yields of 6.5% and 6.7%, respectively.

Citi currently has a buy rating and $5.00 price target on its shares.

Dicker Data Ltd (ASX: DDR)

Another ASX dividend share to look at is Dicker Data. It is one of the largest technology hardware, software, and cloud distributors in the ANZ region.

While trading conditions have been a bit mixed for the company over the last 12 months, there are signs that headwinds are easing. This bodes well for the company’s growth in the coming years, which will be supported by the digital transformation megatrend, recent acquisitions, and the expansion of its warehouse.

Morgan Stanley is positive on the company’s outlook. It recently retained its outperform rating and $10.00 price target on its shares.

As for dividends, the broker is forecasting fully franked dividends per share of 43.8 cents in FY 2023 and 48.8 cents in FY 2024. Based on the latest Dicker Data share price of $8.10, this will mean yields of 5.4% and 6%, respectively.

The post Passive income alert! Experts say buy these ASX dividend shares with big and growing yields appeared first on The Motley Fool Australia.

(function() {
function setButtonColorDefaults(param, property, defaultValue) {
if( !param || !param.includes(‘#’)) {
var button = document.getElementsByClassName(“pitch-snippet”)[0].getElementsByClassName(“pitch-button”)[0];
button.style[property] = defaultValue;
}
}

setButtonColorDefaults(“#0095C8”, ‘background’, ‘#5FA85D’);
setButtonColorDefaults(“#0095C8”, ‘border-color’, ‘#43A24A’);
setButtonColorDefaults(“#fff”, ‘color’, ‘#fff’);
})()

More reading

• Buy Woolworths and this ASX share for your retirement portfolio: experts
• Want passive income? Forget term deposits and buy these high yield ASX dividend shares: brokers
• Are these ASX All Ords shares ready to buy at fundamentally fire sale prices?
• Get a passive income boost from these ASX dividend shares: analysts
• Need passive income? Turn $5,000 into $25 every month with these ASX shares

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 positions in and has recommended Dicker Data. The Motley Fool Australia has positions in and has recommended Dicker Data. 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/x4hjVzg

• Stock Market