3 of the best ASX dividend stocks to buy now

Analysts have given the thumbs up to these stocks. Let's find out why.

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Are you hunting for some quality ASX dividend stocks to buy for your portfolio this month?

If you are, then take a look at the three stocks listed below that analysts think could be among the best to buy right now.

Here's what you need to know about them:

Healthco Healthcare and Wellness REIT (ASX: HCW)

The team at Bell Potter are feeling very positive about Healthco Healthcare and Wellness REIT and see it as a top ASX dividend stock to buy right now.

Healthco Healthcare and Wellness REIT is a property company with a focus on health and wellness assets. This includes assets such as hospitals, aged care facilities, and primary care properties.

Bell Potter believes it will be in a position to pay dividends per share of 8 cents in FY 2024 and then 8.3 cents in FY 2025. Based on the current Healthco Healthcare and Wellness REIT unit price of $1.13, this will mean dividend yields of 7.1% and 7.35%, respectively.

The broker currently has a buy rating and $1.50 price target on its shares.

Elders Ltd (ASX: ELD)

Over at Morgans, its analysts think agribusiness company Elders could be an ASX dividend stock to buy now. So much so, it named Elders on its best ideas list this month.

The broker highlights that with "the outlook for FY25 looking more positive and many growth projects in place to drive strong earnings growth over the next few years, ELD is a key pick for us."

Morgans is forecasting fully franked dividends of 26 cents per share in FY 2024 and then 38 cents per share in FY 2025. Based on the current Elders share price of $9.10, this will mean yields of 2.9% and 4.2%, respectively.

SRG Global Ltd (ASX: SRG)

A third ASX dividend stock that could be a top buy right now is SRG Global. It is a diversified industrial services group that provides multidisciplinary construction, maintenance, production drilling and geotechnical services.

Bell Potter is positive and highlights that the company's "short-to-medium term outlook is reinforced by Government-stimulated construction activity."

The broker is expecting this to underpin fully franked dividends of 4.7 cents in FY 2024 and then 6.7 cents in FY 2025. Based on its current share price of 89 cents, this will mean dividend yields of 5.3% and 7.5%, respectively.

Bell Potter has a buy rating and $1.30 price target on its shares.

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Elders and Srg Global. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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