2 ASX 200 dividend shares to buy: analysts

Here's why income investors might want to check out these buy-rated dividend shares.

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Are you looking for some ASX 200 dividend shares to buy this week? If you are, then it could be worth checking out the two named below.

Both have been tipped as buys and are expected to offer generous dividend yields in the coming years. Here's what you need to know about them:

Man looking amazed holding $50 Australian notes, representing ASX dividends.

Image source: Getty Images

ANZ Group Holdings Ltd (ASX: ANZ)

The first ASX 200 dividend share that has been tipped as a buy is ANZ. It is of course a household name thanks to its position as one of Australia's big four banks.

Analysts at Goldman Sachs are positive on the company and recently named it as their top big four bank to buy. This is due largely to its institutional lending business, which the broker expects to perform positively in the current environment compared to consumer lending.

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

In respect to dividends, the broker has pencilled in fully franked dividends per share of $1.62 in both FY 2023 and FY 2024. Based on the current ANZ share price of $24.49, this will mean dividend yields of 6.6%.

BHP Group Ltd (ASX: BHP)

Another ASX 200 dividend share that could be a buy is BHP. As with ANZ, it needs little introduction thanks to its position as one of the world's largest mining companies.

The team at Morgans is positive on the miner and highlights that recent share price weakness has left it trading at an attractive level.

The broker has an add rating and a $51 price target on the Big Australian's shares.

As for dividend yields, it is forecasting fully franked dividends per share of ~$2.58 in FY 2023 and then ~$2.55 in FY 2024. Based on the current BHP share price of $43.69, this would mean yields of 5.9% and 5.8%, 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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