Broker names 2 ASX dividend shares to buy now

If you're looking for dividend shares to buy, then read on!

Listed below are two ASX dividend shares that analysts at Morgans rate as buys. Here's what they are saying about them:

Dalrymple Bay Infrastructure Ltd (ASX: DBI)

Morgans is feeling very positive about this coal terminal operator. It is expecting a big dividend yield in FY 2022 with modest growth in the years that follow.

The broker currently has an add rating and $2.32 price target on the company's shares. It commented:

DBI holds the 99 year lease to the 85 Mtpa Dalrymple Bay Coal Terminal, of which c.80% of throughput is metallurgical coal (used in steelmaking). DBCT offers the cheapest export route-to-market for users within its Bowen Basin catchment region. DBCT is fully contracted from 2023 to 2028. In the current low interest rate environment, income-oriented investors will be attracted to DBI's high cash yield and commitment to 1-2% pa DPS growth

Morgans is forecasting dividends per share of 18.3 cents in FY 2022 and 18.5 cents in FY 2023. Based on the latest Dalrymple Bay Infrastructure share price of $2.15, this will mean yields of 8.5% and 8.6%, respectively.

Dexus Industria REIT (ASX: DXI)

Another ASX dividend share that has been tipped as a buy by analysts at Morgans is Dexus Industria. It is a property company with a focus on industrial and logistic assets.

Morgans currently has an add rating and $3.25 price target on its shares. The broker explained:

DXI's portfolio is valued at $1.76bn and is weighted 79% towards industrial and logistics assets. The weighted average cap rate is 5.1%; WALE 5.9 years; and occupancy 97%. DXI is trading at a discount to NTA, offers an attractive yield with solid underlying portfolio metrics and has near/medium-term growth opportunities via the development pipeline.

Its analysts are forecasting dividends of 16.4 cents per share in FY 2023 and 16.9 cents per share in FY 2024. Based on the current Dexus Industria share price of $2.66, this will mean yields of 6.2% and 6.35%, respectively, for income investors.