Income investors that are on the lookout for some big dividend yields might want to check out the five ASX dividend stocks in this article.
That's because as well as being named as buys, they have been tipped to provide yields of 6%+ in the near term. Here's what you need to know about them:
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GDI Property Group Ltd (ASX: GDI)
The first ASX dividend stock to look at is GDI Property. It is a property owner and fund manager with investments in Sydney, Brisbane, Perth, South East Queensland, and North Queensland.
Bell Potter thinks it would be a good option for income investors and has put a buy rating and 80 cents price target on its shares.
As for dividends, the broker is forecasting dividends per share of 5 cents across FY 2025 and FY 2026. Based on the current GDI Property share price of 67 cents, this equates to dividend yields of 7.5% for both years.
Healthco Healthcare and Wellness REIT (ASX: HCW)
Another ASX dividend stock to look at 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 due to its "significant scope for growth with an estimated $218 billion addressable market." It has a buy rating and $1.50 price target on its shares.
In respect to income, the broker is expecting dividends of 8.4 cents per share for FY 2025 and then 8.7 cents per share in FY 2026. Based on the current Healthco Healthcare and Wellness REIT unit price of $1.20, this will mean dividend yields of 7% and 7.25%, respectively.
Inghams Group Ltd (ASX: ING)
Morgans thinks this beaten down poultry producer is a buy despite its disappointing results last month. The broker has an add rating and $3.66 price target on its shares.
It likes Inghams due to its leadership position in the poultry market. The broker expects this to underpin fully franked dividends of 19 cents per share in both FY 2025 and FY 2026. Based on the current Inghams share price of $3.03, this equates to dividend yields of 6.3% for both years.
IPH Ltd (ASX: IPH)
Over at Goldman Sachs, its analysts think that IPH could be an ASX dividend stock to buy. It is a leading intellectual property solutions company. The broker has a buy rating and $8.25 price target on its shares.
It likes IPH due to its defensive earnings and organic growth potential. It expects this to underpin the payment of fully franked dividends per share of 37 cents in FY 2025 and then 40 cents in FY 2026. Based on the current IPH share price of $6.09, this represents yields of 6.1% and 6.55%, respectively.
Woodside Energy Group Ltd (ASX: WDS)
Finally, analysts at Morgans say that Woodside could be an ASX dividend stock to buy. The broker continues to "see now as a good time to add to positions" and has an add rating and $33.00 price target on its shares.
As for dividends, the broker is forecasting fully franked dividends of $1.93 per share in FY 2024 and $1.61 per share in FY 2025. Based on its current share price of $26.83, this will mean yields of 7.2% and then 6%.
