If you want to add to your income portfolio this month, then it could be worth checking out the ASX 300 dividend shares listed below.
That's because analysts are currently tipping them as buys and forecasting good yields.
Here's what they are saying about them:
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Accent Group Ltd (ASX: AX1)
The team at Bell Potter thinks income investors should be buying Accent Group's shares.
It is a retail conglomerate with a focus on the footwear market. Its portfolio includes a large number of store brands such as The Athlete's Foot, Stylerunner, HypeDC, Platypus, and Sneaker Lab.
Bell Potter believes the company is well-positioned for growth over the long term. As a result, it is tipping Accent as an ASX 300 dividend share to buy with a $2.50 price target.
As for dividends, the broker is forecasting fully franked dividends per share of 11.8 cents in FY 2024 and then 13.7 cents in FY 2025. Based on the latest Accent share price of $2.04, this will mean yields of 5.8% and 6.7%, respectively.
Endeavour Group Ltd (ASX: EDV)
Over at Goldman Sachs, its analysts continue to believe that drinks giant Endeavour could be an ASX 300 dividend share to buy.
Its analysts highlight that the BWS and Dan Murphy's owner's shares trade "at an attractive 16.9x FY24 P/E vs 5.2% EPS 23-26e CAGR for a staple with clear market leading position." It has a buy rating and $6.40 price target on the company's shares.
In addition, Goldman is forecasting some good dividend yields in the coming years. It is predicting fully franked dividends of approximately 21 cents per share in FY 2024 and 23 cents per share in FY 2025. Based on the current Endeavour share price of $5.38, this equates to yields of 3.9% and 4.3%, respectively.
Transurban Group (ASX: TCL)
A third ASX 300 dividend share that analysts have named as a buy is Transurban.
It manages and develops a high-quality portfolio of 22 urban toll roads across Australia and North America. This includes CityLink in Melbourne and the Cross City Tunnel in Sydney.
Citi is a fan of the company. This is partly due to inflation-linked price increases and its defensive qualities. The broker has a buy rating and $15.90 price target on its shares.
As for income, Citi is expecting dividends per share of 63.4 cents in FY 2024 and 64.6 cents in FY 2025. Based on the current Transurban share price of $13.13, this will mean yields of 4.8% and 4.9%, respectively.
