If you are currently building an income portfolio, then it could be worth looking at the ASX 200 dividend shares named below.
That's because they have been named as buys and tipped to provide investors with attractive dividend yields.
Here's why analysts think they could be great options for income investors in September:
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ANZ Group Holdings Ltd (ASX: ANZ)
This big four bank could be an ASX 200 dividend share to buy according to analysts at UBS.
The broker has been pleased with the company's performance in FY 2024 and its capital position. So much so, it believes the bank has the capacity to return excess capital to shareholders in the near future.
For now, though, the broker is forecasting partially franked dividends of $1.60 per share in FY 2024 and then $1.69 per share in FY 2025. Based on the current ANZ share price of $31.25, this will mean dividend yields of 5.1% and 5.4%, respectively.
UBS has a buy rating and $32.00 price target on its shares.
Cedar Woods Properties Limited (ASX: CWP)
The team at Morgans thinks that this property developer could be a top ASX 200 dividend share to buy this month.
It was impressed with its recent FY 2024 results, noting that "CWP announced FY24 NPAT of $40.5m, up 28% (vs pcp) and above both the guidance range of $36m – $39m and our prior forecast of $37.8m."
It was also pleased to see management guide to "+10% NPAT growth in FY25, supported by favorable operating conditions in most key states."
Morgans expects this to underpin dividends per share of 27 cents in FY 2025 and then 32 cents in FY 2026. Based on the current Cedar Woods Properties share price of $5.61, this equates to dividend yields of 4.8% and 5.7%, respectively.
The broker has an add rating and $6.50 price target on its shares.
Suncorp Group Ltd (ASX: SUN)
A third ASX 200 dividend share that could be a buy is Suncorp. It is the insurance company behind brands including AAMI, Bingle, Shannons, and Vero.
Goldman Sachs revealed that it is "favourably disposed to Suncorp, noting in large part the tailwinds that exist in the general insurance market – i.e., strong renewal premium rate increases and the benefit of higher investment yields."
It expects this to allow the company to pay fully franked dividends per share of 71 cents in FY 2025 and then 82 cents in FY 2026. Based on the current Suncorp share price of $17.75, this will mean dividend yields of 4% and 4.6%, respectively.
Goldman Sachs currently has a buy rating and $18.50 price target on its shares.
