If you're an income investor looking for big dividends, then you may want to consider the ASX shares listed below.
Both of these ASX dividend shares have been rated as buys and tipped to provide investors with very attractive yields in the coming years.
Here's what analysts are forecasting:
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ANZ Group Holdings Ltd (ASX: ANZ)
The first ASX dividend share for income investors to consider buying is banking giant ANZ.
Goldman Sachs is bullish on the bank due largely to its institutional business. Its analysts believe this side of the business is well-positioned in the current environment compared to consumer banking.
In light of this, the broker recently reiterated its conviction buy rating and $27.25 price target on its shares.
Another positive is that Goldman Sachs expects some big dividend yields from its shares in the near term. It is forecasting fully franked dividends of 162 cents per share in FY 2023, FY 2024, and FY 2025. Based on the current ANZ share price of $25.76, this will mean yields of 6.3%.
Stockland Corporation Ltd (ASX: SGP)
Another ASX dividend share that could be a buy is Stockland. It is a residential and land lease developer and retail, logistics, and office real estate property manager.
Citi is a big fan of Stockland and has named it as its top pick in the industry. It notes that: "SGP has been our preferred exposure among the residential landlords given our view of a better-than-market expected residential cycle, and strong growth in the non-residential portions of the business."
The broker is expecting this to underpin dividends per share of 27 cents in FY 2024 and FY 2025. Based on the current Stockland share price of $3.77, this will mean sizeable yields of 7.15% in both financial years.
Citi currently has a buy rating and a $5 price target on its shares.
