3 highly-rated ASX dividend shares for income investors to buy next week

If you want to strengthen your income portfolio this month with some new additions, then it could be worth looking at the ASX dividend shares named below.

Here’s what brokers are forecasting from them:

Charter Hall Retail REIT (ASX: CQR)

The team at Citi think that Charter Hall Retail REIT could be a good option for income investors. It is a supermarket anchored neighbourhood and sub-regional shopping centre markets-focused property company.

Citi currently has a buy rating and $4.00 price target on its shares.

As for income, the broker is forecasting dividends of 28 cents per share in both FY 2024 and FY 2025. Based on the current Charter Hall Retail REIT share price of $3.58, this will mean huge yields of 7.8%.

Dexus Industria REIT (ASX: DXI)

Over at Morgans, its analysts think that Dexus Industria could be an ASX dividend share to buy.

It is a real estate investment trust that primarily invests in high quality industrial warehouses located across Sydney, Melbourne, Brisbane, Perth and Adelaide.

Morgans currently has an add rating and $3.18 price target on its shares.

In respect to dividends, the broker expects dividends per share of 16.4 cents in FY 2024 and 16.6 cents in FY 2025. Based on the current Dexus Industria share price of $3.07, this will mean dividend yields of 5.3% and 5.4%, respectively.

Endeavour Group Ltd (ASX: EDV)

Finally, Goldman Sachs thinks this drinks giant could be another ASX dividend share to buy next week.

Its analysts have a buy rating and $6.20 price target on the BWS and Dan Murphy’s owner’s shares.

As for dividends, the broker is forecasting fully franked dividends per share of 22 cents in both FY 2024 and FY 2025. Based on the current Endeavour share price of $5.24, this represents attractive dividend yields of 4.2% for investors.

The post 3 highly-rated ASX dividend shares for income investors to buy next week appeared first on The Motley Fool Australia.

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Citigroup is an advertising partner of The Ascent, a Motley Fool company. Motley Fool contributor James Mickleboro has positions in Endeavour Group. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Goldman Sachs Group. 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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