Analysts name 2 top ASX 200 dividend shares to buy now

Here are a couple of dividend shares paying good dividends…

| More on:
ATM with Australian hundred dollar notes hanging out.

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 aiming to boost your income with some dividend shares, then the two listed below could be worth considering.

Both have been named as buys and tipped to pay attractive dividends in the near term. Here's what you need to know about these ASX 200 dividend shares:

Centuria Industrial Reit (ASX: CIP)

The first ASX 200 dividend share to look at is Centuria Industrial. It is the owner of a portfolio of high-quality industrial assets situated in key metropolitan locations throughout Australia.

Demand for the company's properties has been very strong and has so far underpinned a portfolio occupancy rate of 99.2% and 10% rental growth in FY 2022.

The good news is that analysts are expecting this positive trend to continue thanks to elevated demand from the e-commerce sector, which is creating competition for high-quality industrial assets.

Analysts at Macquarie are positive on Centuria Industrial and have an outperform rating and $3.94 price target on its shares. Macquarie highlights that recent weakness has left the company's shares trading at a large discount to net tangible assets.

As for dividends, the broker is forecasting a 17.3 cents per share distribution in FY 2022 and a 16.8 cents per share distribution in FY 2023. Based on the current Centuria Industrial share price of $2.89, this will mean yields of 6% and 5.8%, respectively

Macquarie Group Ltd (ASX: MQG)

Another ASX 200 dividend share that has been rated as a buy is investment bank Macquarie.

Macquarie recently released its full-year results for FY 2022 and revealed a 56% increase in net profit after tax of $4.7 billion. This was driven by growth across the business after a stellar 12 months.

Analysts at Morgans concede that it will be hard for Macquarie to top this in FY 2023. However, it feels investors should look beyond this and focus on the long term. As a result, it has put an add rating and $215.00 price target on the bank's shares.

Morgans explained: "We anticipate some near-term earnings volatility over FY23 but we like MQG's favourable longer-term growth profile and consistent history of delivering strong returns (~15% average ROE over time)."

In respect to dividends, its analysts are forecasting a $7.07 per share dividend in FY 2023 and then $7.47 per share dividend in FY 2024. Based on the current Macquarie share price of $164.00, this will mean yields of 4.3% and 4.5%, respectively.

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.

More on Dividend Investing

Mini house on a laptop.
Dividend Investing

Do ASX 200 dividend shares out-earn Aussie property?

We compare the forecast FY25 dividend yields of the top 10 ASX 200 companies to rental property yields.

Read more »

Humorous child with homemade money-making machine.
How to invest

How I'd fill an empty ASX share portfolio to build a $500 monthly passive income machine

Building an ASX passive income portfolio simpler than you may think.

Read more »

A woman presenting company news to investors looks back at the camera and smiles.
Dividend Investing

Buy these ASX dividend shares for 16% to 55% total returns

Analysts think income investors should be buying these dividend shares right now.

Read more »

Blue chip in a trolley with a man pushing it.
Dividend Investing

3 blue-chip alternatives to CBA shares for MORE passive income

These blue-chip stocks look like appealing dividend picks.

Read more »

Man holding Australian dollar notes, symbolising dividends.
Energy Shares

Dividend investors: Top ASX energy shares for November

These are the energy stocks I would buy for dividend income.

Read more »

Excited woman holding out $100 notes, symbolising dividends.
Dividend Investing

Buy these excellent ASX dividend stocks for 6% to 7% yields

Analysts at Bell Potter think these stocks could be buys for income investors.

Read more »

Hand holding Australian dollar (AUD) bills, symbolising ex dividend day. Passive income.
Dividend Investing

Analysts say these ASX dividend shares are buys this month

Here's what analysts are predicting for these income options.

Read more »

Dividend Investing

2 ASX 200 dividend stocks that could be strong buys

Bell Potter is saying good things about these buy-rated income stocks.

Read more »