5 fantastic ASX dividend stocks to buy next week

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

| More on:

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:

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

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.

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

A man in a suit smiles at the yellow piggy bank he holds in his hand.
Dividend Investing

3 top ASX income ideas beyond CBA and the big four banks

Let's see why these shares could be top picks for income investors looking outside the banking sector.

Read more »

Man holding out Australian dollar notes, symbolising dividends.
Dividend Investing

3 ASX dividend shares to buy with 5%+ yields

Analysts think income investors should be buying these shares.

Read more »

A man sits in contemplation on his sofa looking at his phone as though he has just heard some serious or interesting news.
Communication Shares

Are Telstra shares a good deal at $5.32?

Telstra's growing share price is starting to lower its dividend yield...

Read more »

A businessman in a suit adds a coin to a pink piggy bank sitting on his desk next to a pile of coins and a clock, indicating the power of compound interest over time.
Dividend Investing

Spend $20,000 on ASX shares and get $5,000 in passive income

I can prove a 25% yield is possible.

Read more »

Hand holding Australian dollar (AUD) bills, symbolising ex dividend day. Passive income.
Dividend Investing

1 ASX dividend stock down 30% I'd buy right now

This business is trading at a great price with a good dividend yield…

Read more »

Woman laying with $100 notes around her, symbolising dividends.
Dividend Investing

How much could a $50,000 ASX share portfolio pay in dividends?

Dividend investing can turn an ASX portfolio into a growing income stream.

Read more »

A boy is about to rocket from a copper-coloured field of hay into the sky.
Dividend Investing

2 ASX income stocks with rocketing dividends

For me, dividend growth trumps yield.

Read more »

An older couple use a calculator to work out what money they have to spend.
Dividend Investing

100,720 shares of this high-yield ASX dividend stock pay income equal to the Age Pension

Generating a full income from dividends sounds appealing, but how much do you actually need?

Read more »