5 fantastic ASX dividend stocks to buy next week

Brokers think income investors should be snapping up these shares while they can.

| More on:
A woman relaxes on a yellow couch with a book and cuppa, and looks pensively away as she contemplates the joy of earning passive income.

Image source: The Motley Fool

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

Are you looking for ASX dividend stocks to buy when the market reopens next week?

If you are, then it could be worth looking at the five named below. Here's what analysts are forecasting from them in the near term:

Centuria Industrial REIT (ASX: CIP)

Australia's largest domestic pure play industrial property investment company could be a great ASX dividend stock to buy now.

That's the view of analysts at UBS, which are positive on the company and its outlook. They currently have a buy rating and $3.55 price target on its shares.

As for income, the broker is forecasting dividends per share of 16 cents in FY 2025 and then 17 cents in FY 2026. Based on the current Centuria Industrial share price of $3.26, this represents dividend yields of 4.9% and 5.2%, respectively.

GDI Property Group Ltd (ASX: GDI)

Another ASX dividend stock that could be a buy next week is GDI Property. It is a property owner and fund manager with investments across Sydney, Brisbane, Perth, South East Queensland, and North Queensland.

Bell Potter sees a lot of value in its shares at current levels and recently put a buy rating and 80 cents price target on them.

It also expects some very big dividend yields in the near term. Its analysts are forecasting dividends per share of 5 cents in both FY 2025 and FY 2026. Based on the current GDI Property share price of 66.5 cents, this equates to dividend yields of 7.5% for both years.

Lottery Corporation Ltd (ASX: TLC)

Lottery Corporation could be another ASX dividend stock to buy. It is the owner of the OZ Lotto, Powerball, Keno, and The Lott brands.

The team at Citi is positive on Lottery Corporation. The broker has a buy rating and $5.60 price target on its shares.

It is bullish due to its defensive qualities and recent price increases, which it expects to underpin a 19 cents per share dividend in both FY 2025 and FY 2026. Based on the latest Lottery Corporation share price of $5.05, this will mean fully franked yields of 3.75%.

Super Retail Group Ltd (ASX: SUL)

Over at Morgans, its analysts think that Super Retail could be an ASX dividend stock to buy when the market reopens. It is the retail conglomerate responsible for the BCF, Supercheap Auto, Macpac, and Rebel store brands.

The broker currently has an add rating and $19.79 price target on its shares.

As for dividends, Morgans has pencilled in fully franked dividends per share of 97 cents in FY 2025 and then 103 cents in FY 2026. Based on its current share price of $17.43, this will mean dividend yields of 5.5% and 5.9%, respectively.

Universal Store Holdings Ltd (ASX: UNI)

A final ASX dividend stock that analysts are tipping as a buy is Universal Store. It is the youth-focused fashion retailer behind the Universal Store and Perfect Stranger brands.

Morgans is also a fan of the company. After being impressed with its performance in FY 2024, it is expecting another strong result in FY 2025. As a result, it recently put an add rating and $8.10 price target on its shares.

It also expects the company to be in a position to pay fully franked dividends of 33 cents per share in FY 2025 and then 37 cents per share in FY 2026. Based on the current Universal Store share price of $6.67, this will mean yields of 4.9% and 5.5%, respectively.

Should you invest $1,000 in Centuria Industrial Reit right now?

Before you buy Centuria Industrial Reit shares, consider this:

Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now... and Centuria Industrial Reit wasn't one of them.

The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

And right now, Scott thinks there are 5 stocks that may be better buys...

See The 5 Stocks *Returns as of 6 March 2025

Citigroup is an advertising partner of The Ascent, a Motley Fool company. Motley Fool contributor James Mickleboro has positions in Universal Store. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Lottery and Super Retail Group. The Motley Fool Australia has positions in and has recommended Super Retail Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

More on Dividend Investing

Three friends leaping in the air in joy with a dog on the ground.
Dividend Investing

3 top ASX 200 dividend stocks to buy now for lifetime passive income

I think these three ASX 200 dividend stocks will continue to provide reliable passive income payouts for many years to…

Read more »

A pink piggybank sits in a pile of autumn leaves.
Dividend Investing

A safer ASX dividend stock to buy with $20,000 right now

This stock has an incredible record of dividend growth and stability.

Read more »

Smiling woman upside down on a swing with yellow glasses, symbolising passive income.
Dividend Investing

$8,000 invested in high-yield ASX dividend shares could make this amount of passive income

Here’s how dividend stocks can deliver pleasing payouts.

Read more »

Person handing out $50 notes, symbolising ex-dividend date.
Dividend Investing

2 ASX dividend shares to double up on right now

I think these two stocks remain attractive for income investors.

Read more »

Woman relaxing on her phone on her couch, symbolising passive income.
Dividend Investing

Passive income investors: This ASX stock has a 5% yield with monthly payouts

Big yields are harder and harder to find on the ASX these days.

Read more »

A man and woman sit next to each other looking at each other and feeling excited and surprised after reading good news about their shares on a laptop.
Dividend Investing

30 ASX shares going ex-dividend next week

Major companies including BHP, Rio Tinto, REA, Northern Star, and Woolworths will go ex-dividend soon.

Read more »

A woman in a bright yellow jumper looks happily at her yellow piggy bank representing bank dividends and in particular the CBA dividend
Dividend Investing

Buy these ASX dividend shares for 4% to 5% yields

Good yields could be on offer from these shares according to analysts.

Read more »

Person holding Australian dollar notes, symbolising dividends.
Dividend Investing

2 high-yield ASX dividend stocks you can buy and hold for a decade

Analysts think these buy-rated stocks could generate big income.

Read more »