Brokers name 2 top ASX dividend shares to buy this month

Brokers say these ASX dividend shares are buys…

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Are you looking for more dividend shares to buy? If you are, you may want to check out the two listed below that have been rated as buys by brokers.

Here's what you need to know about these top ASX dividend shares:

Healthco Healthcare and Wellness REIT (ASX: HCW)

According to a recent note out of Goldman Sachs, its analysts have put a conviction buy rating and $2.08 price target on this real estate investment trust's shares.

Goldman likes Healthco Healthcare and Wellness REIT, which has a focus on hospitals, aged care, childcare, life sciences, and primary care properties, due to its robust balance sheet, favourable tenant mix, the resilience of healthcare and childcare assets, and the expected strong future demand for assets across the care spectrum.

In addition, the broker is expecting some attractive yields from its shares in the coming years. It has pencilled in dividends per share of 7.5 cents in both FY 2023 and FY 2024. Based on the current Healthco Healthcare and Wellness REIT unit price of $1.39, this will mean yields of 5.4% for investors.

Super Retail Group Ltd (ASX: SUL)

A recent note out of Morgans reveals that its analysts have retained their add rating on this retail conglomerate's shares with an improved price target of $13.00.

Morgans remains positive on the company and is expecting a solid first half to FY 2023. Particularly given its "much more resilient earnings in FY22 than had been forecast" and the fact that there are "no signs yet that the consumer is pulling back in Australia."

The broker is expecting this to underpin further generous dividend payments for this financial year and beyond. It is forecasting fully franked dividends per share of 56 cents in FY 2023 and 58 cents in FY 2024. Based on the latest Super Retail share price of $8.88, this will mean yields of 6.3% and 6.5%, 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 positions in and has recommended Super Retail Group Limited. The Motley Fool Australia has positions in and has recommended Super Retail Group Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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