2 excellent ASX 200 dividend shares to buy now

Here are two dividend shares to buy in December…

| More on:
ASX dividend shares represented by cash in jeans back pocket

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

With interest rates still at very low levels, it continues to be a difficult period for income investors. The good news is there are plenty of ASX dividend shares that can help you overcome low rates in 2022.

Two such ASX 200 dividend shares to look at are listed below. Here's what you need to know about them:

Centuria Industrial Reit (ASX: CIP)

The first ASX 200 dividend share to look at is Centuria Industrial. It is the largest domestic pure play industrial REIT with a portfolio of high-quality industrial assets situated in key metropolitan locations throughout Australia and underpinned by a quality and diverse tenant base.

Management notes that its portfolio is well positioned with an 89% weighing to Australia's high performing eastern seaboard industrial markets and underpinned by a strong tenant base. In respect to its tenant base, almost two-thirds of portfolio income is derived from occupants directly linked to the production, packaging and distribution of consumer staples, telecommunications and pharmaceuticals.

Macquarie is a fan of the company. Its analysts are forecasting dividends per share of 17.3 cents in FY 2022 and 18.7 cents in FY 2023. Based on the current Centuria Industrial share price of $4.08 this will mean yields of 4.25% and 4.6%, respectively. Macquarie has an outperform rating and $4.16 price target on its shares.

Healius Ltd (ASX: HLS)

Another ASX 200 dividend share to look at is Healius. It is a healthcare company with a focus on pathology, diagnostic imaging, day hospitals, and IVF.

It is the company's COVID testing business that is firing on all cylinders at present. Extremely strong demand for testing services has been underpinning very strong sales and earnings. Pleasingly for Healius, this looks set to continue for the foreseeable future following the emergence of the Omicron strain.

The team at Morgans is very positive on Healius and is forecasting fully franked dividends per share of 23 cents in FY 2022 and 19 cents in FY 2023. Based on the current Healius share price of $5.37 this will mean yields of 4.3% and 3.5%, respectively. Morgans has an add rating and $5.79 price target on its shares.

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

Happy man holding Australian dollar notes, representing dividends.
Dividend Investing

3 outstanding ASX dividend shares to buy next week

Analysts are tipping these shares to offer big returns over the next 12 months.

Read more »

A male oil and gas mechanic wearing a white hardhat walks along a steel platform above a series of gas pipes in a gas plant
Dividend Investing

Should I buy Santos shares for dividend income?

Santos shares have been steadily upping their dividends since 2020.

Read more »

A businessman lights up the fifth star in a lineup, indicating positive share price for a top performer
Dividend Investing

2 of the best ASX dividend shares to buy in December

Bell Potter rates these dividend shares very highly. Let's see why.

Read more »

Man holding Australian dollar notes, symbolising dividends.
Dividend Investing

Analysts expect 5% to 8% dividend yields from these ASX stocks

Here's why these dividend stocks could be great options for income investors today.

Read more »

Male hands holding Australian dollar banknotes, symbolising dividends.
Dividend Investing

5 ASX 200 shares with ex-dividend dates next week

Do you own any of these shares that are primed to pay out?

Read more »

A couple makes silly chip moustache faces and take a selfie on their phone.
Dividend Investing

Invested $5,000 in Telstra shares in 2021? Here's how much passive income you've already earned

Atop the share price gains, how much passive income have investors earned from their Telstra stock?

Read more »

Happy couple enjoying ice cream in retirement.
Dividend Investing

Buy Telstra and this ASX dividend stock now

Analysts are saying good things about these dividend stocks. Let's see why they are bullish.

Read more »

A smiling woman with a handful of $100 notes, indicating strong dividend payments
Dividend Investing

Invest $20,000 in 2 ASX dividend shares for $1,500 in passive income

Analysts expect big yields from these passive income shares over the next couple of years.

Read more »