2 high quality ASX dividend shares with attractive yields

Here are two dividend shares with great yields…

| More on:
A sophisticated older lady with shoulder-length grey hair and glasses sits on her couch laughing while looking at her phone

Image source: Getty Images

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

If you're interested in buying some dividend shares in the near future, then you may want to look at the two listed below.

These dividend shares have been tipped both as buys and as generous dividend payers by analysts. Here's what they are saying about them:

Centuria Industrial Reit (ASX: CIP)

Centuria Industrial could be a top option for income investors. It is the largest domestic pure play industrial REIT, with a portfolio of high-quality assets situated in key metropolitan locations throughout Australia.

The company also recently added to this portfolio with the acquisition of eight freehold urban infill industrial assets for $351.3 million. Management was very positive on the transaction, noting that it expands Centuria Industrial's exposure across attractive industrial sub-sectors. These include distribution centres, cold storage, and transport logistics.

Macquarie is very positive on the company and has an outperform rating and $4.22 price target on its shares. The broker is also forecasting a 17.3 cents per share distribution in FY 2022 and an 18.4 cents per share distribution in FY 2023. 

Based on the current Centuria Industrial share price of $3.73, this will mean yields of 4.6% and 4.9%, respectively

Charter Hall Social Infrastructure REIT (ASX: CQE)

Charter Hall Social Infrastructure REIT could be another ASX dividend share to buy. This real estate investment trust focuses on investing in social infrastructure properties such as childcare centres, government sites, and healthcare buildings. 

It also recently added some new properties to its portfolio. The REIT acquired two premium childcare assets in Queensland and a healthcare property owned by Healius Ltd (ASX: HLS) for a total of $58.4 million.

In response to the deal, Goldman Sachs retained its conviction buy rating, increased its price target to $3.91, and lifted its FY 2022 dividend estimate to 16.9 cents per share. Goldman then expects the latter to grow to ~17.7 cents per share in FY 2023.

Based on the current Charter Hall Social Infrastructure REIT share price of $3.68, this implies dividend yields of 4.6% and 4.8%, respectively, for investors.

Should you invest $1,000 in Wesfarmers Limited right now?

Before you buy Wesfarmers 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 Wesfarmers 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...

See The 5 Stocks *Returns as of 3 April 2025

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.

More on Dividend Investing

An athlete runs fast with a trail of yellow smoke billowing out behind him.
Dividend Investing

Don't miss out on these buy-rated ASX 200 dividend shares

Analysts are bullish on these names. Let's find out why.

Read more »

Hand of a woman carrying a bag of money, representing the concept of saving money or earning dividends.
Dividend Investing

Top broker says these ASX dividend stocks are strong buys

Here's why its analysts are feeling bullish on these names.

Read more »

A man holding a cup of coffee puts his thumb up and smiles while at laptop.
Dividend Investing

Buy these highly rated ASX dividend stocks for 5% to 6% yields

These stocks could be quality picks for income investors according to analysts.

Read more »

Modern accountant woman in a light business suit in modern green office with documents and laptop.
Dividend Investing

With an almost 7% dividend yield, is this ASX 200 share a buy?

This business offers significant passive income potential.

Read more »

Man holding out Australian dollar notes, symbolising dividends.
Dividend Investing

These high-yield ASX dividend shares smash term deposits

Analysts think these shares could be top picks for Aussie income investors.

Read more »

children and teacher in childcare education setting
Dividend Investing

1 ASX dividend stock down 30% I'd buy right now

I think this business offers investors both income and potential capital growth.

Read more »

Two funeral workers with a laptop surrounded by cofins.
Dividend Investing

Why I think these 2 ASX dividend shares are ideal for income investors

These stocks offer pleasing income.

Read more »

A mature aged man with grey hair and glasses holds a fan of Australian hundred dollar bills up against his mouth and looks skywards with his eyes as though he is thinking what he might do with the cash.
Dividend Investing

3 ASX ETFs to boost passive income

These 3 ASX ETFs offer particularly attractive yields.

Read more »