Are you an income investor searching for some ASX All Ords dividend shares to add to your portfolio this week?
If you are, then it could be worth looking at the two listed below. Here's what analysts are saying about them:
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Accent Group Ltd (ASX: AX1)
Bell Potter thinks that Accent could be an ASX All Ords dividend share to buy this month.
This footwear-focused retailer has a portfolio of over 800 stores across 34 brands. This includes HYPEDC, Platypus, Sneaker Lab, Stylerunner, and The Athlete's Foot.
Bell Potter currently has a buy rating and a $2.50 price target on its shares.
As well as decent upside, the broker is expecting attractive dividend yields from its shares in the near term. It is forecasting fully franked dividends per share of 12 cents in FY 2024 and then 14.1 cents in FY 2025. Based on the latest Accent share price of $1.97, this represents yields of 6.1% and 7.15%, respectively.
Suncorp Group Ltd (ASX: SUN)
Another ASX All Ords dividend share that analysts have given the thumbs up to is Suncorp.
It is one of Australia's leading insurance companies with a portfolio of brands including AAMI, Apia, Bingle, Suncorp, and Vero.
Goldman Sachs is feeling very positive about the company. It is "favourably disposed to Suncorp, noting in large part the tailwinds that exist in the general insurance market – i.e., very strong renewal premium rate increases and the benefit of higher investment yields."
The broker has a buy rating and a $15.13 price target on its shares.
As for dividends, Goldman is predicting fully franked dividends per share of 76 cents in FY 2024 and 81 cents in FY 2025. Based on the current Suncorp share price of $13.65, this will mean yields of 5.6% and 5.9%, respectively.
