With interest rates cuts now on the horizon, the yields of on offer with term deposits and savings accounts could be about to fall.
In light of this, now could be a good time to turn your attention to ASX dividend shares.
But which shares could be good options for income investors? Let's take a look at three that analysts rate as buys:
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Clearview Wealth Ltd (ASX: CVW)
Clearview Wealth could be a great ASX dividend share to buy according to analysts at Morgans.
It is a life insurance business that partners with financial advisers to help Australians protect their wealth. It currently manages over $370 million of in-force premiums through its relationships with over 1,000 Australian Financial Services Licensees.
Morgans likes the company due to its transformation program, which it expects to underpin strong earnings per share growth over the next three years. In light of this, it feels that its shares are trading on undemanding multiples.
The broker expects this program to underpin fully franked dividends of 3.6 cents per share in FY 2025 and 4.3 cents per share in FY 2026. Based on the current Clearview share price of 54 cents, this would mean dividend yields of 6.6% and 8%, respectively.
Morgans has an add rating and 81 cents price target on its shares.
Inghams Group Ltd (ASX: ING)
Another ASX dividend share that Morgans rates as a buy is Inghams. It is the largest integrated poultry producer across Australia and New Zealand.
Morgans revealed that it was "happy to buy" its shares last month despite the company delivering a softer than expected full year result. It appears to believe the market has oversold its shares, which has left them trading at an attractive level.
In addition, the broker expects some good dividend yields in the near term. It is forecasting fully franked dividends of 19 cents per share in both FY 2025 and FY 2026. Based on the current Inghams share price of $2.93, this equates to dividend yields of 6.5% for both years.
Morgans has an add rating and $3.66 price target on its shares.
Telstra Group Ltd (ASX: TLS)
Over at Goldman Sachs, its analysts continue to see Telstra as an ASX dividend share to buy.
Unlike Inghams, the telco giant delivered a strong full year result last month that went down well with the market. The good news is that Goldman believes more low risk earnings and dividend growth is on the way thanks to the key mobile business.
It expects this to underpin fully franked dividends of 19 cents per share in FY 2025 and then 20 cents per share in FY 2026. Based on the current Telstra share price of $3.94, this represents dividend yields of 4.8% and 5.1%, respectively.
Goldman has a buy rating and $4.35 price target on its shares.
