2 buy-rated ASX dividend shares with 4%+ yields

These dividend shares offer attractive yields right now…

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Are you looking for some attractive dividend yields to boost your income? Then look at the ones listed below.

Here's why these dividend shares could be great options for income investors right now:

Aventus Group (ASX: AVN)

The first ASX dividend share to look at is Aventus. It is a property company with a focus on large format retail parks.

Aventus has been a very strong performer in FY 2021. This has been driven by its high level of exposure to the household goods and everyday needs sides of the retail market.

In fact, just yesterday the company revealed that the value of its properties has increased by 12% since the end of December. It also upgraded its funds from operations (FFO) per share guidance to 19.4 cents, which represents earnings growth of 7% year on year.

This went down well with analysts at Goldman Sachs. The broker has retained its buy rating and lifted its price target to $3.27. Goldman is also expecting a 16.7 cents per share distribution this year which, based on the current Aventus share price, equates to a 5.4% yield.

Telstra Corporation Ltd (ASX: TLS)

Another ASX dividend share to look at is Telstra. Goldman Sachs is also a fan of the telco giant and currently has a buy rating and $4.00 price target on the company's shares.

It likes Telstra partly due to its leadership position with 5G, which it expects to support growth in its post-paid mobile average revenue per user (ARPU) metric in the coming years. Combined with its corporate restructure and potential asset monetisation, the broker believes the future is bright for the telco giant.

As a result, it is forecasting fully franked annual dividends of 16 cents per share for the foreseeable future. Based on the latest Telstra share price, this will mean attractive yields of approximately 4.45% over the coming years.

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 owns shares of and has recommended Telstra Corporation Limited. The Motley Fool Australia has recommended AVENTUS RE UNIT. 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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