If you're looking to boost your income, then you may want to check out the ASX dividend stocks listed below.
These ASX shares have been tipped as buys and could provide their shareholders with attractive dividend yields this year and next. Here's what they are forecasting:
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HomeCo Daily Needs REIT (ASX: HDN)
The team at Morgans thinks that HomeCo Daily Needs could be an ASX dividend stock to buy. It is a property company with a focus on neighbourhood retail, large format retail, and health and services.
The broker has previously stated that it was pleased with management's shift in focus from large format retail to daily needs. It appears to believe this positions it nicely for growth over the coming years.
Morgans also expects it to underpin the payment of dividends per share of 8.5 cents in FY 2025 and then 8.7 cents in FY 2026. Based on the current HomeCo Daily Needs share price of $1.24, this will mean yields of 6.9% and 7%, respectively.
Morgans has an add rating and $1.36 price target on its shares.
Lottery Corporation Ltd (ASX: TLC)
Another ASX dividend stock that analysts rate highly is Lottery Corporation. It is the owner of the OZ Lotto, Powerball, and Keno brands.
Citi likes Lottery Corporation due to its defensive qualities and recent price increases. It expects these to underpin a 19 cents per share dividend in both FY 2025 and FY 2026. Based on the latest Lottery Corporation share price of $4.56, this will mean fully franked yields of almost 4.2%.
The broker has a buy rating and $5.60 price target on its shares.
Rural Funds Group (ASX: RFF)
A final ASX dividend stock that could be a buy this week is Rural Funds.
It is a property company that owns a portfolio of assets across a number of agricultural industries such as orchards, vineyards, water entitlements, cropping, and cattle farms.
Rural Funds' properties are leased to major industry players on long term agreements with periodic rental increases built in. This leaves Rural Funds well-placed to grow its earnings and dividends over the next decade.
Bell Potter is a fan of the company. Its analysts see value in its shares at current levels and expect attractive dividend yields.
The broker is forecasting dividends per share of 11.7 cents in FY 2025 and 12.2 cents in FY 2026. Based on the current Rural Funds share price of $2.05, this will mean yields of 5.7% and 5.95%, respectively.
Bell Potter has a buy rating and $2.50 price target on its shares.
