Most ASX dividend shares reward their shareholders with a payout every six months when they release their half and full year results.
However, there are some shares that make payments even more frequently, such as the three listed below that analysts rate as buys.
At present, they are paying out their dividends every quarter. Here's what to expect from them in the near future:
Image source: Getty Images
Dexus Industria REIT (ASX: DXI)
Dexus Industria likes to give its shareholders a quarterly pay check. It is a property company with a focus on industrial warehouses.
Morgans is a fan of the company and believes its "industrial portfolio remains robust with the outlook positive for rental growth."
Dexus Industria has paid 4.1 cents per share dividends each quarter in FY 2024. Morgans expects the trend to continue with its final results, bringing its total dividends to 16.4 cents per share for the year. It then expects the company to lift its dividend to 16.6 cents per share in FY 2025.
Based on the current Dexus Industria share price of $2.85, this will mean dividend yields of 5.75% and 5.8%, respectively.
Morgans currently has an add rating and $3.18 price target on its shares.
Healthco Healthcare and Wellness REIT (ASX: HCW)
Another ASX dividend share that makes quarterly payouts is HealthCo Healthcare & Wellness REIT.
It is a real estate investment trust with a mandate to invest in hospitals, aged care, childcare, government, life sciences and research, and primary care and wellness property assets.
Bell Potter likes the company. This is due to its "significant scope for growth with an estimated $218 billion addressable market where an ageing and growing population should underpin long-term sector demand."
The broker is expecting 2 cents per share quarterly dividends in FY 2024, bringing its total dividends to 8 cents per share. It then expects an increase to 8.3 cents per share for FY 2025. Based on the current Healthco Healthcare and Wellness REIT unit price of $1.14, this will mean dividend yields of 7% and 7.3%, respectively.
Bell Potter currently has a buy rating and $1.50 price target on its shares.
Rural Funds Group (ASX: RFF)
A final ASX dividend share that pays quarterly distributions is Rural Funds. It is the owner of a portfolio of high-quality agricultural assets.
Bell Potter is tipping its shares as a buy, noting that "RFF trades at a historical high discount to its market NAV per unit."
As for income, the broker is expecting the company to pay dividends per share totalling 11.7 cents in both FY 2024 and FY 2025. Based on the current Rural Funds share price of $2.04, this will mean yields of 5.7% for investors.
Bell Potter has a buy rating and $2.40 price target on its shares.
