If you're on the lookout for new income portfolio additions, then take a look at the ASX dividend shares listed below.
They have recently been named as buys and tipped to provide big yields. Here's what you need to know about them:
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Dalrymple Bay Infrastructure Ltd (ASX: DBI)
The first ASX dividend share that could be a buy is Dalrymple Bay Infrastructure. It is the long-term operator of the Dalrymple Bay Coal Terminal.
Citi is positive on the company and has a buy rating and a $3 price target on its shares.
As for dividends, the broker is forecasting dividends per share of approximately 20.6 cents in FY 2023 and 22 cents in FY 2024. Based on the latest Dalrymple Bay Infrastructure share price of $2.73, this will mean very generous yields of 7.5% and 8%, respectively.
National Australia Bank Ltd (ASX: NAB)
Another ASX dividend share that has been named as a buy is big four bank, NAB.
Goldman Sachs likes the bank because its analysts "see volume momentum over the next 12 months as favouring commercial volumes over housing volumes, and believe NAB provides the best exposure to this thematic."
The broker expects this to underpin fully franked dividends of $1.62 per share in both FY 2024 and FY 2025. Based on the current NAB share price of $28.36, this implies yields of 5.7%.
Goldman has a buy rating and a $30.52 price target on its shares.
Super Retail Group Ltd (ASX: SUL)
Another ASX dividend share that has been named as a buy is retailer Super Retail. It is the owner of popular retail brands including BCF, Rebel and Super Cheap Auto.
Morgans is a fan of the retailer. It highlights that Super Retail delivered "better than expected margins" in FY 2023. This helped drive stronger profits and has led to the broker boosting its forecasts for the coming years.
It is now forecasting fully franked dividends per share of 89 cents in FY 2024 and then 73 cents in FY 2025. Based on the latest Super Retail share price of $13.42, this will mean yields of 6.6% and 5.4%, respectively.
Morgans has an add rating and a $15 price target on its shares.
