Buy Telstra and this ASX 200 dividend share for income in 2023: brokers

These dividend shares could be buys according to analysts…

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If you're looking for dividend shares to buy in January, then you might want to consider the two named below that brokers rate highly.

Here's why brokers say these ASX 200 dividend shares are right now:

Centuria Industrial Reit (ASX: CIP)

The first ASX 200 dividend share to consider in January is Centuria Industrial.

Centuria Industrial is Australia's largest domestic pure play industrial REIT. The company highlights that its portfolio of high-quality industrial assets is situated in urban infill locations throughout Australia and is underpinned by a quality and diverse tenant base.

It also notes that its portfolio is heavily weighted to areas of the economy that are in demand from tenants. This includes properties linked to the production, packaging, and distribution of consumer staples, telecommunications and pharmaceuticals.

Ord Minnett is positive on the company and has a buy rating and $3.50 price target on its shares.

As for dividends, the broker is forecasting dividends per share of 16 cents in FY 2023 and FY 2024. Based on the current Centuria Industrial share price of $3.13, this represents yields of 5% in both financial years.

Telstra Corporation Ltd (ASX: TLS)

Another ASX 200 dividend share that could be a buy in January is telco giant Telstra.

That's the view of analysts at Morgans, who rate the company highly due to its successful transformation and its ongoing restructure. The broker believes the latter could unlock value for shareholders from the sale of infrastructure assets.

Morgans currently has an add rating and $4.60 price target on Telstra's shares.

In respect to dividends, the broker is forecasting Telstra to continue paying fully franked 16.5 cents per share dividends in both FY 2023 and FY 2024. Based on the current Telstra share price of $3.98 this equates to yields of 4.15%.

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 no position in any of the stocks mentioned. The Motley Fool Australia has positions in and has recommended Telstra Group. 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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