If you're looking for ASX dividend shares for your portfolio, then you may want to check out the two listed below that Citi currently rates as buys.
Here's why the broker says these are top options for income investors:
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Charter Hall Long WALE REIT (ASX: CLW)
Citi believes that the Charter Hall Long Wale REIT could be an ASX dividend share to buy.
The broker highlights the company's "low risk income stream with c. 12 year WALE and 99.9% occupancy" as a reason to buy.
Another positive is that the broker is expecting some big dividend yields in the near term. For example, Citi is forecasting 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 $4.42, this will mean yields of 6.3% and 6.55%, respectively.
Citi currently has a buy rating and $5.00 price target on its shares.
Super Retail Group Ltd (ASX: SUL)
Another ASX dividend share that Citi has tipped as a buy is Super Retail. It is the retailer behind brands such as Rebel and Super Cheap Auto.
It was impressed with the company's recent trading update and highlights that it "demonstrated resilience in sales across the board."
The broker appears to believe more of the same is coming and is forecasting above consensus earnings during the second half. For this reason, Super Retail remains its "top pick in consumer discretionary."
As for dividends, Citi is forecasting fully franked dividends per share of 77 cents in FY 2023 and then 72 cents in FY 2024. Based on the latest Super Retail share price of $12.83, this will mean generous yields of 6% and 5.6%, respectively.
The broker currently has a buy rating and $14.50 price target on its shares.
