Analysts think these ASX 200 dividend stocks are top buys

Here are four top options for income investors to check out this week.

| More on:
Man holding out Australian dollar notes, symbolising dividends.

Image source: Getty Images

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

There are plenty of ASX 200 dividend stocks to choose from on the local market.

But which ones could be worth adding to your portfolio this week?

Four that analysts are tipping as top buys are listed below. Here's what you need to know about them:

Centuria Industrial REIT (ASX: CIP)

The first ASX 200 dividend stock to look at is Centuria Industrial. It is Australia's largest domestic pure play industrial property investment company.

UBS is a fan of the company and has a buy rating and $3.55 price target on its shares.

As for dividends, the broker is forecasting Centuria Industrial to pay 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.

Inghams Group Ltd (ASX: ING)

Another ASX 200 dividend stock that could be a buy is poultry producer and supplier Inghams.

Morgans remains positive on the company despite last month's disappointing results. The broker likes Inghams due to its leadership position in the poultry market. It has an add rating and $3.66 price target on its shares.

The broker expects this to support the payment of fully franked dividends of 19 cents per share in both FY 2024 and FY 2025. Based on the current Inghams share price of $2.95, this equates to dividend yields of 6.45% for both years.

IPH Ltd (ASX: IPH)

Goldman Sachs thinks that IPH could be an ASX 200 dividend stock to buy this week. It is a leading intellectual property solutions company.

The broker likes IPH due to its defensive earnings and organic growth potential. It has a buy rating and $8.25 price target on its shares.

As for income, it is forecasting 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 $5.97, this represents yields of 6.2% and 6.7%, respectively.

Woodside Energy Group Ltd (ASX: WDS)

Finally, Morgans thinks that Woodside could be an ASX dividend stock to buy.

Its analysts "see now as a good time to add to positions" and have put 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 $24.25, this will mean yields of 8% and then 6.6%.

Motley Fool contributor James Mickleboro has positions in Woodside Energy Group. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Goldman Sachs Group. The Motley Fool Australia has recommended IPH. 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

Man holding out $50 and $100 notes in his hands, symbolising ex dividend.
Dividend Investing

These ASX dividend stocks offer 4% to 8% yields

Analysts are tipping these stocks as buys for income investors.

Read more »

A happy woman at her laptop punches the air, indicating a rising share price
Dividend Investing

Buy BHP and these ASX dividend shares now

Analysts think that income investors should be buying these shares.

Read more »

Man smiling at a laptop because of a rising share price.
Dividend Investing

Why now presents an 'attractive opportunity' to buy this quality ASX 200 dividend stock

The ASX 200 dividend stock could be trading at a long-term bargain.

Read more »

Man holding out $50 and $100 notes in his hands, symbolising ex dividend.
Dividend Investing

Overinvested in ANZ shares? Here are two alternative ASX passive income options

These investments could add pleasing dividend diversification.

Read more »

Two smiling work colleagues discuss an investment or business plan at their office.
Dividend Investing

Analysts say these ASX dividend shares are top buys

Here's what sort of yields they are expecting from these shares.

Read more »

Two elderly men laugh together as they take a selfie with a mobile phone with a city scape in the background.
Dividend Investing

Forget term deposits and buy these ASX dividend stocks

Analysts think these stocks could be buys for income investors.

Read more »

A woman sits on sofa pondering a question.
Dividend Investing

Do Fortescue shares beat the big banks for dividend income?

Is Fortescue's 10%-plus dividend yield too good to pass up?

Read more »

A mining worker wearing a white hardhat and a high vis vest stands on a platform overlooking a huge mine, thinking about what comes next.
Dividend Investing

BHP shares have fallen out of the global top 20 dividend payers. Here's why

Global dividends continue to climb.

Read more »