There are plenty of ASX 200 dividend stocks for investors to choose from. So, which ones should you buy?
Two that Goldman Sachs has recently tipped as buys and forecast to pay big dividends are listed below. Here's why the broker is bullish on them:
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Harvey Norman Holdings Limited (ASX: HVN)
Goldman Sachs thinks Harvey Norman could be an ASX 200 dividend stock to buy.
It remains positive on the retailer due to its belief that it can fight off online competition. This is due to its exposure to regional markets and its older customer base.
Goldman notes that "Harvey Norman holds a unique position within the electronics and appliances retail industry as a result of its franchise model of operations in Australia, property portfolio and regional exposure."
As for dividends, its analysts are expecting fully franked dividends per share of 36 cents in FY 2023, then 30 cents in FY 2024, before a return to 36 cents in FY 2025. Based on the current Harvey Norman share price of $3.36, this will mean massive yields of 10.7%, 8.9%, and 10.7%, respectively.
Goldman has a buy rating and $4.70 price target on its shares.
National Australia Bank Ltd (ASX: NAB)
Another ASX 200 dividend stock that Goldman has named as a buy is big four bank, NAB.
Its analysts are positive on the banking giant because they see "volume momentum over the next 12 months as favouring commercial volumes over housing volumes and we believe NAB provides the best exposure to this thematic."
Goldman is expecting this exposure to underpin fully franked dividends of $1.66 per share in FY 2023 and FY 2024. Based on the current NAB share price of $25.79, this implies yields of 6.4% in both years.
Goldman Sachs has a buy rating and $30.69 price target on its shares.
