If you want to boost your income portfolio, then look no further.
Listed below are three ASX dividend shares from different sides of the market that have been named as buys. Here's what you can expect from them:
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Accent Group Ltd (ASX: AX1)
The first ASX dividend share that has been named as a buy is Accent. It is a footwear-focused retailer that owns a growing collection of store brands. Among its biggest brands are HYPEDC, Platypus, Sneaker Lab, and The Athlete's Foot.
Bell Potter currently has a buy rating and a $2.50 price target on its shares.
As for income, the broker is forecasting fully franked dividends per share of 11.8 cents in FY 2024 and then 13.7 cents in FY 2025. Based on the latest Accent share price of $1.90, this represents dividend yields of 6.2% and 7.2%, respectively.
Coles Group Ltd (ASX: COL)
Another ASX dividend share that analysts have named as a buy is Coles. It is one of the big two supermarket operators in Australia.
Citi is bullish on the company and currently has a buy rating and $18.30 price target on its shares. In respect to dividends, the broker is forecasting fully franked dividends of 61 cents per share in FY 2024 and 68 cents per share in FY 2025. This will mean yields of 4% and 4.5%, respectively.
Transurban Group (ASX: TCL)
Analysts at Citi also say that this toll road operator is an ASX dividend share to buy right now.
Its analysts currently have a buy rating and a $15.90 price target on its shares.
In respect to income, Citi is expecting dividends per share of 63 cents in FY 2024 and then 65 cents in FY 2025. Based on the current Transurban share price of $12.05, this will mean yields of 5.2% and 5.4%, respectively.
