Are you looking for a new addition or two to your income portfolio?
If you are, then you may want to look at the ASX 300 dividend shares listed below. That's because they have been named as buys and tipped to provide investors with big dividend yields.
Here's what you need to know about these buy-rated ASX 300 dividend shares:
Dexus Industria REIT (ASX: DXI)
This industrial and office property company could be an ASX 300 dividend share to buy.
That's the view of analysts at Macquarie, which have an outperform rating and $3.28 price target on its shares.
Macquarie believes Dexus Industria's earnings profile is superior to many of its peers and supported by strength in topline growth and developments, with leverage to industrial rental growth.
As for dividends, the broker is forecasting dividends per share of 16.4 cents in FY 2023 and 16.7 cents in FY 2024. Based on the current Dexus Industria share price of $2.81, this will mean yields of 5.8% and 5.95%, respectively.
Whitehaven Coal Ltd (ASX: WHC)
Another ASX 300 dividend share that has been named as buy is Whitehaven Coal.
Morgans believes the coal miner is dirt cheap right now and that investors should be snapping up shares.
It highlights that "WHC looks far too oversold on the recent NEWC correction (FY23F FCF yield +40%, P/NPV 0.69x)" and expects "the re-tightening of thermal coal pricing dynamics through April to be a key catalyst for WHC."
As for dividends, the broker is expecting a 60 cents per share dividend in FY 2023 and then again in FY 2024. Based on the current Whitehaven Coal share price of $6.14, this implies yields of 9.8% for both years.
The broker has an add rating and $9.60 price target on its shares.
