Are you wanting to buy some ASX dividend shares to boost your income portfolio? If you are, then check out the three listed below that have been named as buys.
Here's what analysts are expecting from them in the near term:
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Aurizon Holdings Ltd (ASX: AZJ)
Aurizon could be an ASX dividend share to buy according to analysts. It is a rail freight operator that transports more than 250 million tonnes of Australian commodities each year through its vast network.
Macquarie is positive on the company and has an outperform rating and a $4.04 price target on its shares.
As for dividends, its analysts are forecasting partially franked dividends of 18.4 cents per share in FY 2024 and then 25.1 cents per share in FY 2025. Based on the latest Aurizon share price of $3.54, this will mean dividend yields of 5.2% and 7.1%, respectively.
Healthco Healthcare and Wellness REIT (ASX: HCW)
Another ASX dividend share that could be a buy this week is the Healthco Healthcare and Wellness REIT. It is a real estate investment trust with a focus on health and wellness assets.
Morgans is positive on the company and has an add rating and a $1.67 price target on its shares.
As well as decent upside, the broker is expecting some big dividend yields. It is forecasting dividends per share of 8 cents in both FY 2024 and FY 2025. Based on the current Healthco Healthcare and Wellness REIT unit price of $1.41, this will mean yields of 5.7% in both years.
Super Retail Group Ltd (ASX: SUL)
Super Retail is another ASX dividend share that has been given the thumbs up. It is the retail conglomerate behind the BCF, Macpac, Rebel, and Super Cheap Auto brands.
Goldman Sachs is a fan of the company due to its belief that "SUL's topline will be more resilient vs discretionary peers due to investment in loyalty and format upgrades." It has a buy rating and a $14.40 price target on its shares.
As for income, the broker is expecting fully franked dividends per share of 62 cents in FY 2024 and then 64 cents in FY 2025. Based on the current Super Retail share price of $13.31, this will mean yields of 4.65% and 4.8%, respectively.
