If you're looking for ASX dividend shares to buy, then you could do a lot worse than the two listed below.
Both of these ASX dividend shares have recently been named as buys by brokers. Here's why they could be worth considering next week:
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Healthco Healthcare and Wellness REIT (ASX: HCW)
According to a recent note out of Goldman Sachs, its analysts believe the Healthco Healthcare and Wellness REIT is in the buy zone for income investors. The broker currently has a conviction buy rating and $2.05 price target on the health and wellness focused real estate investment trust's shares.
Goldman likes the company due to its strong balance sheet, positive tenant mix, and the resilient valuations in the healthcare sector. It is also positive on the future, noting that "the expansive forecast future demand for assets across the care spectrum, underpinning development opportunities."
As for dividends, the broker is expecting 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 $1.70, this will mean yields of 4.4%.
Woolworths Limited (ASX: WOW)
Analysts at Citi have named this retail giant as a buy. According to the note, the broker has put a buy rating and $39.50 price target on its shares.
Its analysts appear relatively pleased with Woolworths' decision to swap pokie machines for pet food and accessories following the acquisition of a 55% stake in Petspiration Group which will be funded from the partial selldown of its Endeavour Group Ltd (ASX: EDV) stake.
Outside this, the broker remains positive on Woolworths' outlook and is forecasting double digit earnings growth in FY 2023 and FY 2024.
It expects this to lead to fully franked dividends per share of 104 cents in FY 2023 and 114 cents in FY 2024. Based on the current Woolworths share price of $34.31, this will mean yields of 3% and 3.3%, respectively.
