If you are looking for ASX dividend shares to buy, then read on.
That’s because listed below are three top shares that Bell Potter thinks could be buys for income investors.
Here’s what the broker is recommending to clients:
Cedar Woods Properties Limited (ASX: CWP)
Bell Potter continues to rate Cedar Woods as an ASX dividend share to buy.
It is one of Australia’s leading property developers with a diverse portfolio. This includes subdivisions in emerging residential communities, high-density apartments, and townhouses in inner-city neighbourhoods.
The broker believes the company is well-positioned to benefit from Australia’s chronic housing shortage. It expects this to underpin dividends per share of 38 cents in FY 2026 and then 41 cents in FY 2027. Based on its current share price of $7.36, this equates to 5.15% and 5.6% dividend yields, respectively.
Bell Potter has a buy rating and $9.65 price target on its shares.
Elders Ltd (ASX: ELD)
Another ASX dividend share that Bell Potter is bullish on is Elders.
It is an agribusiness company that provides rural and livestock services, agricultural inputs, and real estate services to Australia’s farming sector.
Bell Potter believes the delivery on its system modernisation plan and backward integration initiatives, as well as the consolidation of Delta Agribusiness, will drive high double-digit earnings per share growth in FY 2026 and FY 2027.
With respect to income, the broker is forecasting fully franked dividends of 39 cents per share in FY 2026 and then 45 cents per share in FY 2027. Based on its current share price of $7.03, this would mean dividend yields of 5.5% and 6.4%, respectively.
Bell Potter has a buy rating and $9.00 price target on its shares.
Rural Funds Group (ASX: RFF)
A final ASX dividend share to consider according to Bell Potter is Rural Funds.
It is a property company that owns agricultural assets such as cattle properties, vineyards, and cropping land. Rural Funds leases these properties to high-quality tenants on long-term agreements with periodic rental increases built in.
Bell Potter is expecting the company to reward its shareholders with 11.7 cents per share dividends in both FY 2026 and FY 2027. Based on its current share price of $2.01, this would mean attractive 5.8% dividend yields.
The broker currently has a buy rating and $2.50 price target on its shares.
The post 3 ASX dividend shares to buy with 5% to 6% yields appeared first on The Motley Fool Australia.
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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 positions in and has recommended Rural Funds Group. The Motley Fool Australia has recommended Elders. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.