Are you looking for ASX 200 dividend shares to buy to supercharge your income portfolio?
If you are, then it could be a good idea to check out the two listed below that have been named as buys.
Here's what analysts are expecting from them:
ANZ Group Holdings Ltd (ASX: ANZ)
ANZ Bank could be a top ASX 200 dividend share to buy this week according to analysts at Goldman Sachs.
While the banking sector is a tough place to be right now, ANZ's overweight exposure to institutional banking is expected to help it outperform. Goldman notes there are "current market competitive dynamics which should continue to be a relative tailwind for Institutional NIMs." As a result, the broker highlights that it sees "further upside risk to ANZ Group returns from mix shifts in its Institutional division."
Goldman is expecting this to underpin fully franked dividends of $1.62 per share each year through to FY 2025. Based on the current ANZ share price of $25.09, this implies potential dividend yields of 6.45% for income investors.
Goldman has a buy rating and a $27.25 price target on its shares.
Super Retail Group Ltd (ASX: SUL)
Another ASX 200 dividend share that could supercharge your income is the diversified retailer Super Retail. It owns the BCF, Macpac, Rebel, and Super Cheap Auto businesses.
The team at Morgans is positive on the retailer, particularly after its FY 2023 results. It notes that Super Retail's "better than expected margins meant NPAT was 9% higher than our estimates."
The good news is that the broker believes the company will be in a position to pay another big dividend in FY 2024. It is forecasting fully franked dividends per share of 89 cents this financial year and then 73 cents in FY 2025. Based on the latest Super Retail share price of $11.97, this will mean generous yields of 7.4% and 6.1%, respectively.
Morgans has an add rating and a $15 price target on its shares.
