Brokers name 3 ASX dividend stocks to buy

A woman presenting company news to investors looks back at the camera and smiles.

Do you have room in your income portfolio for some new additions? If you do, then it could be worth considering the three ASX dividend stocks in this article.

That’s because brokers have put buy ratings on them and are forecasting attractive and growing payouts in the near term.

Here’s what they are recommending to clients:

Cedar Woods Properties Limited (ASX: CWP)

Cedar Woods could be an ASX dividend stock to buy now according to brokers.

It is one of Australia’s leading property companies with a portfolio diversified by geography, price point, and product type. This leaves Cedar Woods perfectly positioned to be a big winner from Australia’s chronic housing shortage.

It is for this reason that the team at Bell Potter is so positive on its outlook. The broker expects this to underpin dividends per share of 34 cents in FY 2026 and then 38 cents in FY 2027. Based on its current share price of $8.86, this equates to 3.8% and 4.3% dividend yields, respectively.

The broker currently has a buy rating and $9.70 price target on its shares.

Jumbo Interactive Ltd (ASX: JIN)

Another ASX dividend stock that could be a buy for income investors is Jumbo Interactive.

It is the online lottery ticket seller and lottery platform provider behind the Oz Lotteries app and Powered by Jumbo platform.

Morgan Stanley thinks it would be a good pick for investors right now. It was pleased with its positive start to the year and believes it is positioned to pay fully franked dividends of 57.7 cents per share in FY 2026 and then 68.4 cents per share in FY 2027. Based on its current share price of $10.62, this would mean dividend yields of 5.4% and 6.4%, respectively.

It currently has an overweight rating and $16.80 price target on its shares.

Universal Store Holdings Ltd (ASX: UNI)

Finally, youth-focused fashion retailer Universal Store could be an ASX dividend stock to buy.

Bell Potter is positive on the company, highlighting that it is executing very well on its national store rollout strategy.

The broker believes this strong form will continue and is forecasting fully franked dividends of 37.3 cents per share in FY 2026 and then 41.4 cents per share in FY 2027. Based on its current share price of $8.61, this equates to dividend yields of 4.3% and 4.8%, respectively.

Bell Potter has a buy rating and $10.50 price target on its shares.

The post Brokers name 3 ASX dividend stocks to buy appeared first on The Motley Fool Australia.

Should you invest $1,000 in Cedar Woods Properties Limited right now?

Before you buy Cedar Woods Properties Limited shares, consider this:

Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Cedar Woods Properties Limited wasn’t one of them.

The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

And right now, Scott thinks there are 5 stocks that may be better buys…

* Returns as of 18 November 2025

.custom-cta-button p {
margin-bottom: 0 !important;
}

More reading

Motley Fool contributor James Mickleboro has positions in Universal Store. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Jumbo Interactive. The Motley Fool Australia has recommended Jumbo Interactive and Universal Store. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *