Brokers say these ASX dividend stocks are buys

Income investors may want to check out these buy-rated stocks.

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Brokers have been busy running the rule over a number of ASX dividend stocks in recent weeks.

Three that have come out with buy ratings are listed below. Here's why they could be great options for income investors right now:

Aspen Group Limited (ASX: APZ)

According to a recent note out of Bell Potter, its analysts have put a buy rating and $2.40 price target on Aspen's shares.

It is a leading provider of quality affordable accommodation across residential, land lease, and holiday park communities.

The broker likes this ASX dividend due to its strong track record, high insider ownership, and its high return on equity focus on sub-sectors that are non-fungible and repeatable over time.

It expects this focus to support the payment of dividends per share of 9.5 cents in FY 2025 and then 10.3 cents in FY 2026. Based on the current Aspen share price of $2.19, this will mean dividend yields of 4.3% and 4.7%, respectively.

Clearview Wealth Ltd (ASX: CVW)

A note out of Morgans reveals that its analysts see Clearview Wealth as an ASX dividend stock to buy. The broker currently has an add rating and 81 cents price target on its shares.

Clearview Wealth is a life insurance business that partners with financial advisers to help Australians protect their wealth. Morgans is very bullish due to its transformation program. It believes this program has the potential to underpin strong earnings growth in the coming years.

The good news for income investors is that the broker expects this to lead to big dividends being paid to shareholders. It is forecasting fully franked dividends of 3.6 cents per share in FY 2025 and then 4.3 cents per share in FY 2026. Based on the current Clearview share price of 50 cents, this would mean dividend yields of 7.2% and 8.6%, respectively.

GDI Property Group Ltd (ASX: GDI)

Finally, analysts at Bell Potter are feeling bullish about GDI Property and see it as an ASX dividend stock to buy now. The broker currently has a buy rating and 80 cents price target on its shares.

GDI is a property owner and fund manager that has investments across Sydney, Brisbane, Perth, South East Queensland, and North Queensland.

Bell Potter believes the company's portfolio leaves it well-placed to pay dividends per share of 5 cents in both FY 2025 and FY 2026. Based on the current GDI Property share price of 62 cents, this equates to dividend yields of 8% for both years.

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Aspen Group. The Motley Fool Australia has recommended Aspen Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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