If you want to boost your income portfolio this week, then it could be worth checking out the ASX 200 dividend shares listed below that analysts at Citi rate as buys.
Here's why they are feeling bullish on them:
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Coles Group Ltd (ASX: COL)
The first ASX 200 dividend share that analysts have named as a buy is supermarket giant Coles.
Citi is bullish on the company due partly to its belief that margin improvements are on the way. It currently has a buy rating and a $17.50 price target on its shares.
In respect to dividends, the broker is forecasting fully franked dividends of 64 cents per share in FY 2024 and 70 cents per share in FY 2025. Based on the current Coles share price of $16.16, this will mean yields of 4% and 4.3%, respectively.
Stockland Corporation Ltd (ASX: SGP)
This residential and land lease developer and retail, logistics and office real estate property manager could be another ASX 200 dividend share to buy according to Citi.
The broker prefers Stockland to rival Mirvac Group (ASX: MGR) due to its "strong medium-term growth outlook and cheap valuation." Citi has a buy rating and a $5 price target its shares.
In addition, its analysts are forecasting some big very attractive dividend yields in the near term. It expects dividends per share of 27 cents in FY 2024 and FY 2025. Based on the current Stockland share price of $4.43, this will mean yields of 6.1% in both years.
Transurban Group (ASX: TCL)
A third ASX 200 dividend share that Citi rates as a buy is Transurban. It manages and develops urban toll road networks in Australia and North America.
Citi likes the company due to its inflation-linked price increases and its defensive qualities. It is expecting this to drive a "strong EBITDA growth outlook (c.12% CAGR between Fy24-FY26)." Its analysts have a buy rating and a $15.90 price target on its shares.
As for income, Citi is expecting dividends per share of 63 cents in FY 2024 and 65 cents in FY 2025. Based on the current Transurban share price of $13.78, this will mean yields of 4.6% and 4.7%, respectively.
