Are you looking for ASX 200 dividend shares to buy?

If you are, then you may want to look at the two named below that have recently been tipped as buys.

Here’s why brokers rate these dividend shares highly right now:

Stockland Corporation Ltd (ASX: SGP)

Stockland could be an ASX 200 dividend share to buy. It is a residential and land lease developer and retail, logistics and office real estate property manager.

Citi is positive on Stockland. It feels the company’s shares are trading at attractive level, particularly given its belief that property prices won’t fall as much as feared. In addition, its analysts highlight “a recovering resi backdrop, and prefer SGP over MGR.”

The broker is also forecasting some big dividend yields. It expects dividends per share of 26.6 cents in FY 2023 and FY 2024. Based on the current Stockland share price of $4.39, this will mean yields of 6% in both financial years.

Citi has a buy rating and $4.70 price target on Stockland’s shares.

Wesfarmers Ltd (ASX: WES)

Another ASX 200 dividend share that has been named as a buy is Wesfarmers.

It is of course the conglomerate behind a wide range of high-quality businesses such as Bunnings, Covalent Lithium, Kmart, Officeworks, Priceline, and WesCEF.

Morgans is a fan of Wesfarmers and believes it could be well-placed to continue its solid performance in the near term. This is thanks to its highly regarded management team and focus on value. The broker notes that “Kmart is well-placed to benefit [from the cost of living crisis] with the average price of an item at around $6-7.”

As for dividends, its analysts are forecasting fully franked dividends per share of $1.79 in FY 2023 and $1.92 in FY 2023. Based on the current Wesfarmers share price of $50.85, this will mean yields of 3.5% and 3.8%, respectively.

Morgans has an add rating and $55.60 price target on Wesfarmers’ shares.

The post 2 ASX 200 dividend shares to buy according to analysts appeared first on The Motley Fool Australia.

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More reading

• No savings? Here’s how I’d target a second income of $1,000 per month from scratch
• No savings at 40? Here’s my 3-step plan for $1,500 of passive income a month
• 3 reasons to buy Wesfarmers shares today
• Citi says these ASX 200 dividend shares are buys for passive income
• 2 of the best ASX 200 blue chip shares to buy: Morgans

James Mickleboro does not own any shares 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 Wesfarmers. 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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