3 ASX 200 dividend stocks to buy now according to experts

These could be top options for income investors when the market reopens.

| More on:
A woman has a thoughtful look on her face as she studies a fan of Australian 20 dollar bills she is holding on one hand while he rest her other hand on her chin in thought.

Image source: Getty Images

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

Investors who are looking for dividend options next week might want to read on.

That's because listed below are three ASX 200 dividend stocks that analysts are recommending as buys.

Here's what you need to know about them:

ANZ Group Holdings Ltd (ASX: ANZ)

This banking giant has been named as an ASX 200 dividend stock to buy by analysts at Goldman Sachs.

The broker currently has a buy rating and a $27.25 price target on its shares.

As for dividends, the broker is forecasting fully franked dividends per share of $1.62 in both FY 2023 and FY 2024. Based on the current ANZ share price of $25.27, this will mean dividend yields of 6.4%.

Aurizon Holdings Ltd (ASX: AZJ)

Another ASX 200 dividend stock that has been named as a buy is Aurizon. It is Australia's largest rail freight operator.

Macquarie is positive on the company and currently has an outperform rating and a $4.04 price target on its shares. As for income, its analysts are expecting partially franked dividends of 19 cents per share in FY 2024 and then 24.5 cents per share in FY 2025. This equates to yields of 5.45% and 7%, respectively.

Telstra Group Ltd (ASX: TLS)

A final ASX 200 dividend stock that could be a buy next week is Telstra. It is of course Australia's leading telecommunication company.

The team at Goldman Sachs is also positive on the company and has a buy rating and a $4.70 price target on its shares. In respect to dividends, the broker is forecasting fully franked dividends of 18 cents per share in FY 2024 and then 20 cents per share in FY 2025. This equates to fully franked yields of 4.7% and 5.25%, 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 and Macquarie Group. The Motley Fool Australia has positions in and has recommended Macquarie Group and Telstra Group. The Motley Fool Australia has recommended Aurizon. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

More on Dividend Investing

Business people discussing project on digital tablet.
Dividend Investing

Buy BHP, Westpac and this ASX dividend stock

Analysts think these blue chip options are buys when the market reopens.

Read more »

A happy woman and girl kick back on a couch in spa robes with cucumbers on their eyes, indicating they can earn passive income while relaxing.
Dividend Investing

Why I think these 2 ASX shares are ideal for income investors

These stocks could be what some Aussies are seeking.

Read more »

Man smiling at a laptop because of a rising share price.
Dividend Investing

2 ASX dividend shares I think would be reliable even during a recession

Some passive income stocks have been providing reliable payments for decades.

Read more »

A happy older couple relax in a hammock together as they think about enjoying life with a passive income stream.
Dividend Investing

The ASX shares I'm buying to build a second income

I’m investing for passive income with these stocks.

Read more »

A smiling woman with a handful of $100 notes, indicating strong dividend payments
Dividend Investing

These top ASX dividend shares offer whopping 8%+ yields

Analysts are forecasting some mouth-watering yields from these shares.

Read more »

a woman wearing a flower garland sits atop the shoulders of a man celebrating a happy time in the outdoors with people talking in groups in the background, perhaps at an outdoor markets or music festival, in an image portraying young people enjoying freedom.
Dividend Investing

How ASX dividend stocks can be the key to financial freedom

Passive income can be a great tool to create financial independence.

Read more »

Woman looking at paper bill and counting expenses.
Dividend Investing

2 ASX dividend shares I'd buy to pay for my bills

Here’s why these stocks could be compelling options for dividends.

Read more »

Woman relaxing at home on a chair with hands behind back and feet in the air.
Dividend Investing

Got $10,000? Buy this ASX dividend stock for $3,173 in total passive income

This business could pay a lot of cash flow in the coming years.

Read more »