Buy these ASX dividend shares next week

Brokers reckon these stocks could be top options for income investors next week.

| More on:
Happy man holding Australian dollar notes, representing dividends.

Image source: Getty Images

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

Are you wanting to add some ASX dividend shares to your income portfolio next week?

If you are, then it could be worth checking out the dividend-payers listed below that brokers rate as buys:

Healthco Healthcare and Wellness REIT (ASX: HCW)

The first ASX dividend share that could be a buy for income investors next week is the Healthco Healthcare and Wellness REIT.

This property company has a focus on health and wellness assets. These are properties such as hospitals, aged care, childcare, government, life sciences and research, and primary care and wellness properties.

Morgans is positive on the company and is expecting some attractive dividend yields in the coming years.

The broker is forecasting dividends per share of 7.6 cents in FY 2023 and 8 cents in FY 2024. Based on the current Healthco Healthcare and Wellness REIT unit price of $1.31, this will mean dividend yields of 5.8% and 6.1%, respectively.

Morgans has an add rating and a $1.72 price target on its shares.

Transurban Group (ASX: TCL)

Another ASX dividend share that could be a buy when the market reopens is Transurban.

It is one of the world's leading toll road operators with a collection of important roads across several locations.

After being a bit of a ghost town during the pandemic, traffic volumes on the company's roads have rebounded and hit record levels in FY 2023. And with inflation-linked price increases coming, this bodes well for its earnings and dividend growth in the coming years.

UBS expects this to be the case and is forecasting dividends per share of 57 cents in FY 2023 and then 61 cents in FY 2024. Based on the current Transurban share price of $14.22, this will mean yields of 4% and 4.3%, respectively.

UBS has a buy rating and a $15.45 price target on its shares.

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 no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

More on Dividend Investing

A smiling woman with a handful of $100 notes, indicating strong dividend payments
Dividend Investing

These top ASX dividend shares offer whopping 8%+ yields

Analysts are forecasting some mouth-watering yields from these shares.

Read more »

a woman wearing a flower garland sits atop the shoulders of a man celebrating a happy time in the outdoors with people talking in groups in the background, perhaps at an outdoor markets or music festival, in an image portraying young people enjoying freedom.
Dividend Investing

How ASX dividend stocks can be the key to financial freedom

Passive income can be a great tool to create financial independence.

Read more »

Woman looking at paper bill and counting expenses.
Dividend Investing

2 ASX dividend shares I'd buy to pay for my bills

Here’s why these stocks could be compelling options for dividends.

Read more »

Woman relaxing at home on a chair with hands behind back and feet in the air.
Dividend Investing

Got $10,000? Buy this ASX dividend stock for $3,173 in total passive income

This business could pay a lot of cash flow in the coming years.

Read more »

Close up of woman using calculator and laptop for calculating dividends.
Dividend Investing

Analysts say these ASX dividend stocks are buys

Let's see what sort of dividend yields they are forecasting for these buy-rated stocks.

Read more »

Man holding Australian dollar notes, symbolising dividends.
Dividend Investing

Buy these fantastic ASX 200 dividend shares for 5%+ yields

These shares could be good options for income investors according to analysts.

Read more »

Dividend Investing

How I'd start earning passive income to replace my wages

Want to give up work? Here's a long term plan you can put into action.

Read more »

Three young people lie in the surf on a beach wearing santa hats.
Dividend Investing

3 ASX dividend shares to buy after Christmas

Why are analysts bullish on these income options? Let's find out what they are saying.

Read more »