Brokers say these ASX 200 dividend shares are buys

Now could be the time for income investors to pounce on these dividend shares.

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If you're looking for a passive income boost, then it could be worth checking out the two ASX 200 dividend stocks listed below that brokers are bullish on.

Here's what you need to know about these income options:

ANZ Group Holdings Ltd (ASX: ANZ)

Goldman Sachs thinks that ANZ would be a top ASX 200 dividend share to buy right now.

Its analysts recently named ANZ as their top pick in the sector right now. This is due largely to the bank's institutional business, which it expects to be a key driver of outperformance in the tough operating environment. Particularly given how its assessment of "the profitability of this division concludes that these return improvements are largely sustainable."

Goldman has a buy rating and a $27.38 price target on its shares.

In respect to dividends, the broker expects fully franked dividends per share of $1.62 in both FY 2023 and FY 2024. Based on the current ANZ share price of $24.44, this will mean dividend yields of 6.6%.

Transurban Group (ASX: TCL)

Another top ASX 200 dividend share that could be a buy is Transurban.

It is one of the world's leading toll road operators. It owns a collection of important roads across several locations including CityLink in Melbourne, AirportlinkM7 in Brisbane, and the Cross City Tunnel in Sydney.

With traffic volumes at record levels and expected to grow in the coming years, Transurban appears well-placed for growth. Especially given its inflation-linked pricing.

UBS is a fan of the company and has a buy rating and a $15.45 price target on its shares.

In respect to dividends, the broker 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 $14.06, this will mean yields of 4.05% and 4.3%, respectively.

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 positions in and has recommended Goldman Sachs Group. 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.

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