If you're looking for dividend shares to buy this week to boost your passive income, then the two listed below could be worth checking out.
Both have recently been named as buys by analysts and tipped to provide generous yields. Here's what you need to know about them:
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Charter Hall Long WALE REIT (ASX: CLW)
The first ASX dividend share that could be a top option for investors is this property company.
As its name implies, Charter Hall Long WALE REIT is focused on high quality real estate assets that are leased to corporate and government tenants on long term leases.
Citi is a fan of the company. This is due to its low risk income stream, ultra-long leases, sky-high occupancy rate, and inflation-linked rental increases.
The broker believes this will underpin the payment of 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 $4.38, this will mean yields of 6.4% and 6.6%, respectively.
Citi currently has a buy rating and $5.00 price target on its shares.
Universal Store Holdings Ltd(ASX: UNI)
Another ASX dividend share that has been tipped as a buy is Universal Store.
Analysts at Morgans are bullish and have an add rating and $7.00 price target on the youth fashion retailer's shares.
After delivering a very strong half-year result last month, the broker appears confident this strong form can continue. This is thanks to a combination of its strong brands, expansion opportunities, and younger target demographic. The broker believes the "youth demographic is likely to be more resilient" in the current environment.
In respect to dividends, Morgans expects fully franked dividends per share of 30 cents in FY 2023 and 35 cents in FY 2024. Based on the latest Universal Store share price of $5.25, this equates to yields of 5.7% and 6.7%, respectively.
