Are you looking for dividend shares to buy? Listed below are two ASX 200 dividend shares that experts rate highly.
Here's why they are bullish on these shares:
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Charter Hall Long WALE REIT (ASX: CLW)
The first ASX dividend share for income investors to look at is the Charter Hall Long Wale REIT.
This property company is focused on high quality real estate assets that are leased to corporate and government tenants on long term leases.
The team at Citi believes the company is a top option thanks to its "low risk income stream with c. 12 year WALE and 99.9% occupancy." Citi currently has a buy rating and $4.70 price target on its shares.
The broker is also expecting generous dividend yields from Charter Hall Long Wale REIT's shares. It has pencilled in dividends per share of 28 cents in FY 2023 and 29 cents in FY 2024.
Based on the current Charter Hall Long Wale REIT share price of $4.31, this will mean yields of 6.5% and 6.7%, respectively.
South32 Ltd (ASX: S32)
Another ASX dividend share that has been named as a buy is South32. It is a diversified mining and metals company producing a range of commodities including aluminium, copper, manganese, and nickel.
Morgans is positive on South32 and has an add rating and $5.30 price target on the miner's shares.
The broker likes South32 due to its portfolio transformation and favourable dividend policy. In respect to the former, the broker believes this is "substantially boosting group earnings quality, as well as S32's risk and ESG profile"
As for dividends, Morgans is expecting fully franked dividends per share of 22.9 cents in FY 2023 and 21.5 cents in FY 2024. Based on the current South32 share price of $4.01, this will mean yields of 5.7% and 5.4%, respectively.
