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ASX 200 gold shares are pushing higher on the market today.

Gold shares in the green include Evolution Mining Ltd (ASX: EVN), Newcrest Mining Ltd (ASX: NCM), and Northern Star Resources Ltd  (ASX: NST).

So why are ASX 200 gold shares on the rise today?

Gold price rises

Evolution shares are rising 1.68% today, while Northern Star shares are up 1.17%. Meanwhile, the Newcrest Mining share price is climbing 1.37% today.

All these ASX 200 gold shares are major producers of gold.

The gold price pushed higher overnight, as my Foolish colleague James reported this morning.

Spot gold lifted to its highest level in six months amid China’s reopening optimism weighing on the US dollar, Reuters reported.

Commenting on the gold price, RJO Futures senior market strategist Bob Haberkorn told the publication:

Gold is following the decisions by China to further ease COVID restrictionson the anticipation of higher demand from the region and in spite of rising yields.

The spot gold price is currently fetching US$1,817.60 an ounce, according to CNBC.

Share price snapshot

The Northern Star share price has risen 21% in the last year.

The Evolution Mining share price has fallen 25% in the past 52 weeks.

The Newcrest share price has slid nearly 13% in the past year.

The post Why are ASX 200 gold shares having such a top run today? appeared first on The Motley Fool Australia.

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More reading

• 5 things to watch on the ASX 200 on Wednesday
• Why BWX, Earlypay, Evolution, and Pointsbet shares are dropping today
• 5 things to watch on the ASX 200 on Friday
• 5 things to watch on the ASX 200 on Thursday
• Could ASX 200 gold shares be ‘at another pivot point’?

Motley Fool contributor Monica O’Shea 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 Scott Phillips.

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Are you looking for retirement portfolio options for 2023? If you are, then you may want to look at the quality ASX 200 shares listed below.

Here’s why these shares could be top options for retirees:

Centuria Industrial Reit (ASX: CIP)

The first ASX 200 share to consider for a retirement portfolio is Centuria Industrial.

It is an industrial-focused property company that owns a portfolio of high quality industrial assets that has been constructed with the aim of delivering consistent income and capital growth to investors.

Centuria Industrial highlights that its portfolio is heavily weighted to areas of the economy that are in demand from tenants. This includes properties linked to the production, packaging, and distribution of consumer staples, telecommunications and pharmaceuticals.

One leading broker that is positive on Centuria Industrial’s outlook is Ord Minnett. It currently has a buy rating and $3.50 price target on its shares. The broker is also forecasting dividends per share of 16 cents in FY 2023 and FY 2024.

Based on the current Centuria Industrial share price of $3.16, this represents yields of 5% in both years.

Transurban Group (ASX: TCL)

Another ASX share that could be a good option for a retirement portfolio is this leading toll road operator. Transurban owns a portfolio of roads in Australia and North America, as well as a significant project pipeline that could support its growth in the coming years.

After struggling during the pandemic, the company has bounced back and traffic volumes are now booming again. Combined with its positive exposure to inflation, Transurban has been tipped to grow at a solid rate in the coming years.

Macquarie is positive on the company. It currently has an outperform rating and $14.19  price target on its shares.

In addition, the broker is forecasting dividends per share of 53 cents in FY 2023 and then 56.5 cents in FY 2024. Based on the current Transurban share price of $13.58, this will mean yields of 3.9% and 4.2%, respectively.

The post Analysts name 2 quality ASX 200 shares for a retirement portfolio appeared first on The Motley Fool Australia.

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More reading

• Guess which ASX 200 share is trading ex-dividend tomorrow
• Building a retirement income portfolio? Buy these unstoppable ASX dividend shares – analysts
• 3 ASX shares to buy for a possible recession next year
• Could this quiet pocket of the market be an ASX index outperformer through inflation?
• Here are the top 10 ASX 200 shares today

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 Scott Phillips.

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It has been a difficult year for Brainchip Holdings Ltd (ASX: BRN) shares.

In morning trade, the semiconductor company’s shares are up 1% to 66.2 cents. However, despite this, the Brainchip share price is still down 16% since the start of the year.

But as you can see below, this is only telling half the story. At one stage, the company’s shares were up as high as $2.34.

From that level, its shares have lost a whopping 72% of their value.

Will 2023 be better for the Brainchip share price?

Whether 2023 will be better for the Brainchip share price will almost certainly depend on its revenue generation.

With a market capitalisation of $1.1 billion, Brainchip appears to be priced for success. And with short sellers building positions, there could be an almighty crash if the company doesn’t start justifying its valuation in the coming quarters with some significant revenue.

Especially after management hyped up its sales potential in its most recent quarterly update. Brainchip’s CEO, Sean Hehir, said:

We are seeing the greatest amount of sales activity and engagement in the Company’s history.

Will Brainchip deliver?

It is worth remembering that there’s certainly no guarantee of success in an extremely competitive industry dominated by behemoths such as AMD, Intel, Nvidia, and Qualcomm.

In addition, Brainchip has a terrible record of delivering on its lofty goals. Since being acquired by a mining company called Aziana back in early 2015, the company has announced countless agreements that have gone nowhere.

Time will tell if history repeats itself and shareholders get burned in 2023.

Perhaps the only thing that you could guarantee in 2023 is management being issued millions more Brainchip shares with extremely low hurdles.

The post Will 2023 be a rewarding year to own Brainchip shares? appeared first on The Motley Fool Australia.

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More reading

• 5 things to watch on the ASX 200 on Wednesday
• Here are the 10 most shorted ASX shares
• Why has the BrainChip share price rocketed 17% in 4 days?
• Lithium, miners, and tech shares, oh my! Here’s where Aussies put their ASX money in 2022
• Here are the top 10 ASX 200 shares today

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 Scott Phillips.

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The Pointsbet Holdings Ltd (ASX: PBH) share price has returned from the Christmas break in fine form.

In morning trade, the sports betting company’s shares are up over 10% to $1.49.

Why is the PointsBet share price jumping?

Investors have been scrambling to buy PointsBet shares on Wednesday after the company confirmed speculation that it could be looking at divesting one of its operations.

PointsBet advised that as part of its ordinary course of business, it routinely explores options to maximise value for shareholders. This includes evaluating proposals from third parties that are received from time to time.

On this occasion, the company has confirmed that it has received a proposal from NTD Pty Limited, which is the owner and operator of rival Betr.

According to the release, PointsBet is currently in discussions with NTD regarding a potential transaction involving the sale of its Australian trading business. However, it notes that any potential transaction will be assessed in the context of PointsBet’s global strategy and opportunities.

At the last count, PointsBet had 231,627 active punters in Australia and generated quarterly turnover of $631.4 million and net win of $47.5 million from them during the first quarter of FY 2023.

No details have been provided in respect to how much PointsBet could receive for the business. Though, it is worth noting that Goldman Sachs values the business at 10x EBITDA, which equates to approximately $80 million based on FY 2022’s segment EBITDA. So, a premium to this is likely to be expected by the market.

In addition, it notes that the discussions between the two parties are incomplete and preliminary in nature. It also warned that there is no certainty that these discussions will result in any binding transaction.

PointsBet advised that it will keep the market updated in accordance with its continuous disclosure obligations.

The post Why is the PointsBet share price jumping 10% today? appeared first on The Motley Fool Australia.

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More reading

• Why BWX, Earlypay, Evolution, and Pointsbet shares are dropping today
• Why this one top fund manager is optimistic about 2023, and one little-known IPO that has hit it out of the park

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 PointsBet. The Motley Fool Australia has recommended PointsBet. 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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The ASX share market is a diverse mix of businesses, with a great number of them able to produce good profit to pay dividends. ASX dividend shares can help make enough retirement income to replace job earnings.

An important part of being able to swap a job for retirement income is building up enough wealth to generate good investment income.

Depending how much of their profit they pay out each year, some ASX dividend shares can provide impressive dividend yields.

While term deposits offer guaranteed returns, they don’t produce organic growth unless the interest is reinvested. The current interest rate rises are a great boost, though each is a one-off boost.

Why ASX dividend shares can deliver

Businesses can pay a dividend from some of the profit and reinvest the rest for more growth in the future.

I have written some articles about some names that have a long dividend record, though they don’t have as high a yield as the ones I’m about to mention.

Dividend reliability is one factor to consider. However, the dividend yield can make a big difference. If someone had a $1.5 million portfolio with a 4% dividend yield, they’d receive $60,000 in annual dividend income. A $1.5 million portfolio with a 5% yield can make $75,000 of annual dividend income.

So, with that in mind, let’s look at some quality ASX dividend shares with big yields.

Charter Hall Long WALE REIT (ASX: CLW)

This business is a real estate investment trust (REIT) that owns a diversified portfolio of properties across a number of areas including industrial and logistics, retail, agri-logistics, long-lease retail, service stations, office and so on.

Its portfolio’s weighted average lease expiry (WALE) is around 12 years, providing “long-term income security”. Almost all (99%) of its tenants are blue chip, such as Australian government entities, and it has rental growth built in, with around half of leases linked to inflation.

It’s expecting to pay an annual distribution of 28 cents per unit in FY23, resulting in a forward yield of 6.2%.

Premier Investments Limited (ASX: PMV)

Premier Investments is a leading retailer business, which owns various apparel stores such as Just Jeans, Jay Jays and Dotti. It also owns Smiggle, a globally-growing school accessories business that sells items with branded images from, for example, Marvel or Minecraft. Online sales are proving to be particularly profitable for the company.

The ASX dividend share also has sizeable stakes in Breville Group Ltd (ASX: BRG) and Myer Holdings Ltd (ASX: MYR).

Premier Investments has a solid dividend record and is expected, according to CommSec numbers, to pay an annual dividend of $1.01. This would mean a forward grossed-up dividend yield of 5.9%.

Coles Group Ltd (ASX: COL)

Coles is one of the leading supermarket businesses in Australia. Not only does it operate the national Coles Supermarket network of stores, but it also generates earnings from Coles Express and its liquor segment. Some of the liquor store brands within its portfolio are: First Choice Liquor, Liquorland and Vintage Cellars.

Since it listed a few years ago, it has slowly but steadily grown its dividend to investors. It is investing in technology and automated warehouses to make the business more efficient and profitable. According to CommSec, it could pay a grossed-up dividend yield of 5.5%.

Rural Funds Group (ASX: RFF)

This ASX dividend share owns a portfolio of farms. It doesn’t operate them, instead it leases them out to blue chip tenants on long-term leases. The farm types it owns include cattle, almonds, macadamias, vineyards, sugar and cotton.

Rural Funds aims to grow its distribution by 4% per annum, which compounds at a solid rate over time.

It’s expecting to dish out payments worth 12.2 cents per unit in FY23, which equates to a distribution yield of around 5%.

Wesfarmers Ltd (ASX: WES)

Wesfarmers is one of the leading ASX dividend shares in my view. It owns category-leading retailers like Bunnings, Kmart and Officeworks.

It also has a number of lesser-known, interesting segments, such as WesCEF (chemicals, energy and fertilisers), that are becoming a growing piece of the pie and could drive profit in future years.

One of the key goals of Wesfarmers is to deliver shareholder returns. CommSec numbers suggest that it’s going to pay a grossed-up dividend yield of 5.7%.

The post How to swap your job for $75,000 in retirement income using ASX dividend shares appeared first on The Motley Fool Australia.

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More reading

• Seeking passive income in 2023? These ASX 200 dividend shares could help – analysts
• Yields of up to 7%… 3 ASX dividend shares I’d buy to hold for 10 years
• Buy Telstra and this ASX 200 dividend share: analysts
• 3 reasons to buy Wesfarmers shares before 2023
• 10 ASX shares I think are buys for 2023

Motley Fool contributor Tristan Harrison has positions in Rural Funds Group. 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 Coles Group, Rural Funds Group, and Wesfarmers. The Motley Fool Australia has recommended Premier Investments. 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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If you’re looking for an easy way to invest your hard-earned money in 2023, then exchange traded funds (ETFs) could be the way to do it.

But which ETFs might be top options right now? Listed below are three quality ETFs that could be worth considering for next year:

BetaShares Asia Technology Tigers ETF (ASX: ASIA)

The first ETF to look at is the BetaShares Asia Technology Tigers ETF. It provides investors exposure to many of the best tech stocks in the Asian region. This means you’ll be buying well-known companies such as ecommerce giant Alibaba, search engine company Baidu, and WeChat owner Tencent.

It has been a tough year for Chinese stocks, but with China now reopening at long last, things could be much better in 2023. This could potentially make it an opportune time to invest in the region with a long term view.

VanEck Vectors Morningstar Wide Moat ETF (ASX: MOAT)

If you like Warren Buffett’s investment style, then another ETF that could be a quality option in 2023 is the VanEck Vectors Morningstar Wide Moat ETF. When Buffett looks for an investment, he has a preference for companies with sustainable competitive advantages and fair valuations. These are the qualities that this ETF has been built around.

The ETF currently contains approximately 50 attractively priced companies with sustainable competitive advantages. These include the likes of Alphabet, Boeing, Kellogg Co, Meta Platforms, and Walt Disney.

Vanguard MSCI Index International Shares ETF (ASX: VGS)

A final ETF is the Vanguard MSCI Index International Shares ETF. If you’re looking for a quick way to diversify your portfolio, then this ETF could be the answer. This very popular fund gives investors access to approximately 1,500 of the world’s largest listed companies.

This means it provides significant diversity and also allows investors to take part in the long term growth potential of international economies. Among the shares that you’ll be owning are giants including Amazon, Apple, Nestle, Procter & Gamble, Tesla, and Visa.

The post 3 quality ETFs for ASX investors to buy next year appeared first on The Motley Fool Australia.

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More reading

• I’d aim for a $1 million by buying just a handful of ASX shares
• 10 ASX shares I think are buys for 2023
• Stock market correction: How I’m using this opportunity to build wealth with ASX shares
• 3 reasons to buy the Vanguard MSCI Index International Shares ETF (VGS) before 2023
• 2 of the best ETFs for ASX investors to own in 2023

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 Vanguard Msci Index International Shares ETF. The Motley Fool Australia has recommended Betashares Capital – Asia Technology Tigers Etf, VanEck Morningstar Wide Moat ETF, and Vanguard Msci Index International Shares ETF. 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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Owners of ASX lithium shares may want to know that carmaker Tesla Inc (NASDAQ: TSLA) has been discounting its cars to entice potential buyers.

Does that mean it’s bad news for the lithium price and the lithium players? Let’s have a look at what’s going on.

Tesla discounts cars

The Tesla share price has had a terrible time this year. The electric carmaker has dropped 37% in December 2022 alone. It’s down 50% over the past six months and it has fallen 69% since the start of the year.

As reported by CNBC, Tesla has started offering discounts of US$7,500 on some of its “high-priced” electric vehicles in the US last week. This was reportedly double what the previous incentives were. The idea was that it would encourage customers to take deliveries.

Tesla is also reportedly offering credits in both Canada and Mexico, and it has also cut the price of cars in China.

CNBC reported that the “price cuts on Tesla’s Model 3 sedan and Model Y crossover are seen as a sign of weakening demand.”

Plus, it is offering 10,000 miles of free charging at Tesla’s supercharger for customers that take delivery of a new Tesla in December.

What does this mean for ASX lithium shares?

Names like Pilbara Minerals Ltd (ASX: PLS), Allkem Ltd (ASX: AKE), Liontown Resources Limited (ASX: LTR) and Mineral Resources Limited (ASX: MIN) aren’t the ones selling the cars. But, the price of lithium is extremely important for how much profit they make.

If mining costs don’t really change in the short term, but the resource price is jumping higher, then most of the new revenue can go straight to net profit (aside from paying more to the government). But, it can work the same on the way down – lower revenue largely wipes off net profit.

How much demand there is for lithium by the electric vehicle makers can then influence how much demand there is for lithium.

Since 9 November 2022, the Pilbara Minerals share price has dropped 30%.

In mid-December, Pilbara Minerals reported that it sold two cargoes for a combined total of 10,000 dry metric tonnes (dmt) at an average price of US$7,552 per dmt. The equivalent SC6.0 price negotiated equates to a price (inclusive of freight), CIF to China of US$8,299 per dmt. This represented a low-digit decrease of the price compared to the mid-November auction.

Does this represent a peak? Is the price about to start sliding back?

Maybe not yet. On 21 December 2022, Pilbara Minerals reported that it had “achieved a significant improvement in pricing outcomes with its major offtake customers” after completing price reviews. The revised offtake pricing applies “for all shipments to the company’s major offtake customers falling within December 2022 and onwards.”

Based on the market’s pricing reference data, average pricing across major offtake customers would equate to approximately US6,300 per dmt.

Foolish takeaway

While it’s hard to say what’s going to happen next, it’s probably not a good sign for the lithium price or the ASX lithium share sector that Tesla is lowering its car prices, although Tesla doesn’t represent the whole industry. However, with how far the Pilbara Minerals share price has dropped, it could represent long-term value at this level.

The post What can ASX lithium share investors learn from Tesla discounting its cars? appeared first on The Motley Fool Australia.

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More reading

• 5 ASX lithium stocks to buy in 2023: brokers
• Top brokers name 3 ASX shares to buy next week
• Here are the 3 most heavily traded ASX 200 shares on Friday
• Brokers name 3 ASX shares to buy for Christmas
• Should I buy Allkem shares this Christmas?

Motley Fool contributor Tristan Harrison 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 Tesla. 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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The market might still be sleepy after its four-day weekend over which many Australians enjoyed Christmas, but its back to business for investors wanting a piece of this S&P/ASX 200 Index (ASX: XJO) share’s upcoming dividend.

ASX 200 toll road operator Transurban Group (ASX: TCL) will trade ex-dividend tomorrow. That means anyone wanting to get their hands on its interim dividend better jump onboard its shares today.

Let’s take a closer look at the offering soon to be taken off the table.

Transurban will trade ex-dividend on Thursday

The market is only trading for three days this week, but they’ll likely be a big few days for the Transurban share price.

New investors will miss out on its interim dividend unless they buy the ASX 200 share today.

Thus, tomorrow will likely see the stock fall in line with the value of its dividend. That’s because the payout will no longer be able to be factored into its price.

Earlier this month, Transurban announced it would pay a 26.5 cent per share dividend for the six months ended 31 December 2022. The interim dividend will be paid out on 13 February.

That’s the biggest offering Transurban has declared since 2019 and represents 50% of the company’s financial year 2023 distribution guidance – 53 cents per share.

The ASX 200 shares’ upcoming offering will be entirely unfranked but will be eligible for the company’s dividend reinvestment plan (DRP).

No discount will be considered when determining what price new stocks will be issued under the plan. Shareholders have until Monday to elect to compound their dividends via the DRP.

Transurban share price outperforms ASX 200 in 2022

The Transurban share price is on track to outperform the ASX 200 over the course of 2022.

The stock has fallen 2% year to date to trade at $13.66 at the close on Friday. That leaves it boasting a 3.8% dividend yield.

Meanwhile, the ASX 200 has dropped 6% since the start of 2022.

The post Guess which ASX 200 share is trading ex-dividend tomorrow appeared first on The Motley Fool Australia.

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More reading

• 5 things to watch on the ASX 200 on Wednesday
• The ASX 200 share than turned a $5,000 investment into $2,400 of passive income in 2022
• Here are the top 10 ASX 200 shares today
• Here are the 3 most heavily traded ASX 200 shares on Friday
• Stock market correction: A once-in-a-decade chance to get rich?

Motley Fool contributor Brooke Cooper 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 Scott Phillips.

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On Friday, the S&P/ASX 200 Index (ASX: XJO) was out of form and dropped into the red. The benchmark fell 0.6% to 7,107.7 points.

Will the market be able to bounce back from this on Wednesday? Here are five things to watch:

ASX 200 expected to fall again

The Australian share market looks set to fall on Wednesday following a poor night on Wall Street. According to the latest SPI futures, the ASX 200 is expected to open the day 51 points or 0.7% lower this morning. In late trade on Wall Street, the Dow Jones is flat, the S&P 500 is down 0.55%, and the Nasdaq is 1.5% lower.

Oil prices mixed

It could be a soft day for energy shares Beach Energy Ltd (ASX: BPT) and Woodside Energy Group Ltd (ASX: WDS) after a mixed night for oil prices. According to Bloomberg, the WTI crude oil price is down 0.35% to US$79.28 a barrel and the Brent crude oil price has risen 0.2% to US$84.08 a barrel. Brent crude oil prices were boosted by the further easing of COVID restrictions in China.

Tech shares on watch

It could be a difficult day for ASX 200 tech shares like Block Inc (ASX: SQ2) and Brainchip Holdings Ltd (ASX: BRN) after another tech selloff on Wall Street. Rising treasury yields and recession concerns put pressure on the tech sector.

Gold price rises

Gold miners Evolution Mining Ltd (ASX: EVN) and Northern Star Resources Ltd (ASX: NST) could have a good day after the gold price pushed higher overnight. According to CNBC, the spot gold price is up 1% to US$1,822.6 an ounce. The China reopening news boosted the precious metal’s demand outlook.

Iron ore rises

ASX 200 miners with exposure to iron ore, such as BHP Group Ltd (ASX: BHP) and Rio Tinto Ltd (ASX: RIO), could start the week strongly. This follows another rise in the iron ore price amid easing COVID restrictions in China. Both miners are trading higher on the NYSE at the time of writing.

The post 5 things to watch on the ASX 200 on Wednesday 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 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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If you’re looking for a passive income boost in 2023, then ASX dividend shares could be the answer.

But which shares should you buy? Two that have been recently rated as buys and tipped to provide attractive yields are listed below.

Here’s why experts say they could be worth owning:

Baby Bunting Group Ltd (ASX: BBN)

This leading baby products retailer could be an ASX dividend share to buy according to analysts at Morgans.

Although Baby Bunting is having a tough time in FY 2023, the broker remains positive and sees its share price weakness as a buying opportunity. So much so, its analysts have recently put an add rating and $3.60 price target on its shares. Morgans said:

With the shares nearly 30% lower than they were before the AGM, there has, in our view, been an overreaction to the update. BBN is still the largest specialist in a comparatively defensive retail segment. It still has compelling opportunities to grow its share of a growing market through store rollout, entry into New Zealand, range expansion and the launch of an online marketplace. It’s trading on 12x FY24 P/E. ADD.

As for dividends, the broker is forecasting fully franked dividends per share of 14 cents in FY 2023 and then 16 cents in FY 2024. Based on the current Baby Bunting share price of $2.70, this will mean yields of 5.2% and 5.9%, respectively.

Healthco Healthcare and Wellness REIT (ASX: HCW)

The Healthco Healthcare and Wellness REIT could be another ASX dividend share to buy.

That’s the view of analysts at Goldman Sachs, which think very highly of the health and wellness focused real estate investment trust. In fact, the broker has put a coveted conviction buy rating on its shares with a price target of $2.05.

Goldman likes the company due to its strong balance sheet, positive tenant mix, and the resilient valuations in the healthcare sector. It explained:

[T]he REIT remains one of our top picks in the sector given 1) its net cash position with over $450mn of liquidity, providing flexibility for near term opportunities, 2) its diversified mix of strong tenant covenants in sub-sectors that are majority government-backed across the care spectrum, mitigating potential tenant credit risks, 3) Healthcare and childcare assets valuations have remained resilient, 4) the expansive forecast future demand for assets across the care spectrum, underpinning development opportunities, and 5) inexpensive valuation.

In respect to dividends, Goldman expects dividends per share of 7.5 cents in both FY 2023 and FY 2024. Based on the current Healthco Healthcare and Wellness REIT unit price of $1.70, this will mean yields of 4.4% for investors.

The post Buy these ASX dividend shares for a passive income boost in 2023 – experts appeared first on The Motley Fool Australia.

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More reading

• Buy these ASX dividend shares for a passive income boost: analysts
• Buy these ASX dividend shares for a passive income: analysts
• Brokers name 2 ASX dividend shares to buy next week
• The cheap ASX shares to buy for dividends: broker
• 40% sale! 2 cheap ASX shares to buy for a better 2023: fundie

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 Baby Bunting Group. The Motley Fool Australia has recommended Baby Bunting Group. 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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