Are you looking for dividend shares to add to your income portfolio? If you are, then the two listed below could be worth considering.
These dividend shares have been rated as buys and tipped to provide income investors with attractive yields. Here's what you need to know about them:
Image source: Getty Images
Centuria Industrial REIT (ASX: CIP)
The first ASX dividend share to look at is Centuria Industrial. It is a property company focused on building a portfolio of high quality industrial assets that deliver income and capital growth to investors.
Centuria Industrial has been performing very positively in recent years and has continued this trend in FY 2022. It recently revealed robust nationwide demand for industrial space, particularly from ecommerce-related tenant customers, which has underpinned strong rental growth year to date in FY 2022.
Macquarie expects this to underpin an 17.3 cents per share dividend in FY 2022 and then 17.8 cents per share in FY 2023. Based on the current Centuria Industrial REIT share price of $3.91, this will mean yields of 4.4% and 4.55%, respectively.
The broker has an outperform rating and $4.27 price target on the company's shares.
Coles Group Ltd (ASX: COL)
Another ASX dividend share for investors to consider is retail giant, Coles.
It is one of the big two supermarket chains with over 800 supermarkets across the country. This strong network, its defensive qualities, and rational competition has analysts forecasting growing dividends in the coming years. Especially in the current inflationary environment.
For example, analysts at Morgans are forecasting fully franked dividends of 61 cents per share in FY 2022 and then 63 cents per share in FY 2023. Based on the current Coles share price of $18.34, this will mean yields of 3.3% and 3.4% respectively.
Morgans has a buy rating and $19.70 price target on its shares.
