These ASX 200 shares have big dividend yields

Brokers say that big payouts could be coming from these ASX 200 shares.

| More on:
$100 Australian notes on top of each other.

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

Investors that are on the lookout for ASX 200 shares with big dividend yields might want to check out the two listed below.

Here's what analysts are forecasting from their shares in the near term:

ANZ Group Holdings Ltd (ASX: ANZ)

The first high-yield ASX 200 dividend share that could be a buy is ANZ Bank. It is of course one of Australia's big four banks.

Goldman Sachs is very positive on the company and recently upgraded its shares to a buy rating with a $27.38 price target.

It likes ANZ due to its institutional business, which it expects to perform positively in the current environment. In addition, its analysts "see ANZ's underweight exposure to Australian consumer banking as a relative tailwind, given our view on the growth and margin outlook."

As for dividends, the broker is forecasting fully franked dividends per share of $1.62 in both FY 2023 and FY 2024. Based on the current ANZ share price of $25.35, this will mean dividend yields of 6.4%.

HomeCo Daily Needs REIT (ASX: HDN)

HomeCo Daily Needs could be an ASX 200 dividend share to buy next week. It is a property company focused on neighbourhood retail, large format retail, and health and services.

Morgans is a fan of the company and has an add rating and a $1.50 price target on its shares. It commented:

HDN offers investors an attractive yield of +6% underpinned by contracted rental income and has a large development pipeline.

In respect to dividends, the broker is expecting dividends per share of 8.3 cents in FY 2023 and then 8.4 cents in FY 2024. Based on the current HomeCo Daily Needs share price of $1.15, this will mean very big yields of 7.2% and 7.3%, 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 recommended Goldman Sachs Group. The Motley Fool Australia has recommended HomeCo Daily Needs REIT. 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

Happy young woman saving money in a piggy bank.
Dividend Investing

$10,000 in savings? Here's how I'd aim to make $2,200 a month in ASX passive income

Want to be paid for doing nothing? This is how I would do it.

Read more »

Man holding out Australian dollar notes, symbolising dividends.
Dividend Investing

Invested $5,000 in Wesfarmers shares in 2021? Guess how much passive income you've earned

Passive income offers a big boost to the performance of Wesfarmers shares.

Read more »

A businessman hugs his computer and smiles.
Dividend Investing

Buy and hold these excellent ASX dividend shares

Brokers think these shares could be quality picks for income investors.

Read more »

Three boys dressed as knights wield swords as they defend their castle wall.
Dividend Investing

High-yield alert: 3 ASX dividend shares to buy now

These are some of my top picks for income in today's market...

Read more »

two men in hard hats and high visibility jackets look together at a laptop screen that one of the men in holding at a mine site.
Resources Shares

Is Fortescue stock a buy for its monstrous 10% dividend yield?

We should always be careful about a high dividend yield on a mining stock.

Read more »

Excited woman holding out $100 notes, symbolising dividends.
Dividend Investing

$10,000 to invest? These 2 high-yield ASX shares could deliver a $700+ passive income

Analysts have put buy ratings on these shares and expect big dividends from them.

Read more »

A senior couple discusses a share trade they are making on a laptop computer
Dividend Investing

3 top ASX 200 dividend shares to buy in December

Great yields could be on the cards for buyers of these shares according to analysts.

Read more »

Happy young couple saving money in piggy bank.
Dividend Investing

Forget Westpac and buy these ASX dividend stocks

Analysts think these shares could be better options for income investors than the big four bank.

Read more »