3 top ASX dividend shares for income investors to buy now

A couple lying down and laughing, symbolising passive income.

Are you looking for some new ASX dividend shares to buy? If you are, then it could be worth checking out the three below which have been named as buys by brokers.

Here’s what they are recommending to income investors:

Charter Hall Retail REIT (ASX: CQR)

The first ASX dividend share that has been given the thumbs up by analysts is Charter Hall Retail REIT.

It is a property company that owns a diversified portfolio of convenience-based retail centres that are anchored by supermarkets, service stations, and essential services. These assets tend to be defensive because shoppers continue to spend on groceries and everyday essentials regardless of economic conditions.

The team at Citi is positive on the company due to its successful capital deployment, improving margins, and retail property trends. The broker believes this will support dividends per share of 25.5 cents in FY 2026 and then 26 cents in FY 2027. Based on its current share price of $3.94, this would mean dividend yields of 6.5% and 6.6%, respectively.

Citi has a buy rating and $4.50 price target on its shares.

Harvey Norman Holdings Ltd (ASX: HVN)

Over at Bell Potter, its analysts think Harvey Norman could be an ASX dividend share to buy.

It highlights that the retail giant benefits from a unique franchise model that generates robust cash flows and provides flexibility during challenging retail environments. In addition to its core electronics and furniture operations, Harvey Norman owns a substantial property portfolio. This adds another layer of income stability and supports its dividend payments.

Bell Potter expects fully franked dividends per share of 30.9 cents in FY 2026 and 35.3 cents in FY 2027. Based on its current share price of $6.51, this represents dividend yields of 4.75% and 5.4%, respectively.

The broker has a buy rating and $8.30 price target on its shares.

IPH Ltd (ASX: IPH)

A third ASX dividend share that analysts are recommending to income investors is IPH.

It is a global intellectual property services group that helps clients across the world protect their patents, trademarks, and intellectual property.

The company’s defensive business, strong cash conversion, and disciplined capital management have allowed it to pay generous dividends over the past decade.

Macquarie is positive on the company and believes that its cost cutting will offset weaker operating environment. As a result, the broker feels it is positioned to pay fully franked dividends of 39 cents per share in both FY 2026 and FY 2027. Based on its current share price of $3.58, this would mean dividend yields of almost 11% for both years.

Macquarie has a buy rating and $4.04 price target on its shares.

The post 3 top ASX dividend shares for income investors to buy now appeared first on The Motley Fool Australia.

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Citigroup is an advertising partner of Motley Fool Money. 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 Macquarie Group. The Motley Fool Australia has positions in and has recommended Charter Hall Retail REIT, Harvey Norman, and Macquarie Group. The Motley Fool Australia has recommended IPH Ltd. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.