Are you looking for some ASX dividend 200 shares to buy for an income boost?
If you are, then you may want to look at the two named below that have recently been tipped as buys.
Here's why brokers rate these dividend shares highly right now:
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Aurizon Holdings Ltd (ASX: AZJ)
The first ASX 200 dividend share that could be a buy is Aurizon. Its vast rail network connects miners, primary producers, and industry with international and domestic markets.
The team at Macquarie is positive on Aurizon and is forecasting big dividend yields in the coming years.
It is forecasting partially franked dividends of 19.1 cents per share in FY 2024 and then 24.5 cents per share in FY 2025. Based on the latest Aurizon share price of $3.60, this will mean yields of 5.3% and 6.8%, respectively.
The broker has an outperform rating and a $4.04 price target on its shares.
Stockland Corporation Ltd (ASX: SGP)
Another ASX 200 dividend share for income investors to consider buying is Stockland. It is a leading residential developer in Australia and is focused on delivering a range of masterplanned communities and medium density housing in growth areas across the country.
Citi has named Stockland 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 $3.95, this will mean sizeable yields of 6.8% in both financial years.
Citi currently has a buy rating and a $5 price target on its shares.
