If you're looking for new additions to your income portfolio next week, then the two ASX dividend shares listed below could be worth considering.
Both shares have been rated as buys by analysts and tipped to provide attractive yields in the coming years. Here's what you need to know:
Image source: Getty Images
Charter Hall Social Infrastructure REIT (ASX: CQE)
The first ASX dividend share for income investors to look at is the Charter Hall Social Infrastructure REIT.
As its name implies, this real estate investment trust invests in social infrastructure properties such as bus depots, government facilities, police and justice services, and childcare centres.
The analysts at Goldman Sachs are big fans of the company. This is due partly to its sky high occupancy rate and long leases.
The broker is expecting this to underpin growing dividends in the coming years. For example, it is forecasting dividends per share of 17.3 cents in FY 2023 and 18 cents in FY 2024. Based on its current share price of $3.73, this implies yields of 4.8% and 5.1%, respectively.
Goldman also sees a lot of value in its shares at the current level with its conviction buy rating and $4.35 price target. This suggests potential upside of 17%.
Dexus Industria REIT (ASX: DXI)
Another ASX dividend share to look at is industrial and office property company Dexus Industria.
It has been rated as a share to buy by analysts at Morgans. The broker appears confident that the company is well-placed to deliver sustainable income and capital growth over the long term.
In the near term, the broker is anticipating some attractive dividend yields. It is forecasting dividends per share of 16.4 cents in FY 2023 and 16.9 cents in FY 2024. Based on the current Dexus Industria share price of $2.85, this will mean yields of 5.75% and 5.9%, respectively.
Another positive is that the broker sees plenty of upside for its shares with its price target of $3.25. This implies potential upside of 14%.
