If you’re looking to boost your income portfolio, then you may want to look at the shares listed below.
Here’s why these ASX dividend shares could be worth considering right now:
Dexus Industria REIT (ASX: DXI)
The first ASX dividend share to look at is Dexus Industria. It is an industrial and office focused property company formerly known as APN Industria.
This REIT owns interests in office and industrial properties that provide functional and affordable workspaces for businesses. The fund’s portfolio was last valued at $1.78 billion and aims to provide sustainable income and capital growth prospects for shareholders over the long term.
Morgans is a fan of Dexus Industria and recently put an add rating and $3.65 price target on the company’s shares. It is also forecasting dividends per share of 17.3 cents in FY 2022 and 17.6 cents in FY 2023. Based on the current Dexus Industria share price, this will mean yields of 4.7% and 4.8%, respectively.
National Australia Bank Ltd (ASX: NAB)
Another ASX dividend share to consider is NAB. It could be a quality option for income investors that don’t already have exposure to the banking sector.
The team at Bell Potter is very positive on NAB and was pleased with its first quarter update last week. So much so, the broker retained its buy rating and lifted its price target on the bank’s shares to $32.50.
Following its stronger than expected update, Bell Potter has upgraded its earnings and dividend forecasts. In respect to the latter, the broker is now forecasting fully franked dividends of 136 cents per share in FY 2022 and 140 cents per share in FY 2023.
Based on the current NAB share price of $29.84, this will mean yields of 4.6% and 4.7%, respectively, over the next couple of years.
The post Analysts name 2 excellent ASX dividend shares to buy appeared first on The Motley Fool Australia.
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More reading
- Top brokers name 3 ASX shares to buy next week
- Is the NAB (ASX:NAB) share price a buy for the 7% dividend yield?
- Brokers tip NAB (ASX:NAB) share price to storm to a new 52-week high
- 5 things to watch on the ASX 200 on Friday
- Why AMP, AVZ, Megaport, and NAB shares are pushing higher
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 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 Bruce Jackson.
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