Fortunately, there's no shortage of options for income investors on the Australian share market.
So, if you're looking for some new additions to your portfolio, then the ASX dividend shares named below could be worth a look.
While both are from the property sector, they have very different focuses. Here's what sort of yields you can expect from them according to analysts:
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Healthco Healthcare and Wellness REIT (ASX: HCW)
The first ASX dividend share that could be a buy is the Healthco Healthcare and Wellness REIT.
It is a real estate investment trust that invests in hospitals, aged care, childcare, government, life sciences and research, and primary care and wellness properties.
Morgans currently has an add rating and a $1.72 price target on them.
As for income, the broker believes the company is well-positioned to increase its dividend in the coming years. Its analysts are forecasting dividends per share of 7.6 cents in FY 2023 and 7.8 cents FY 2024. Based on the current Healthco Healthcare and Wellness REIT unit price of $1.34, this will mean yields of 5.7% and 5.8%, respectively.
Rural Funds Group (ASX: RFF)
Another ASX dividend share that analysts are positive on right now is Rural Funds.
This real estate investment trust owns a portfolio of agricultural assets. Among its high-quality properties, you will find almond and macadamia orchards, vineyards, water entitlements, cattle and cropping assets.
Bell Potter currently rates Rural Funds as a buy with a $2.20 price target.
In respect to dividends, the broker is forecasting an 11.7 cents per share dividend in both FY 2023 and FY 2024. Based on the latest Rural Funds share price of $1.89, this will mean 6.2% yields for investors.
