Buy these ASX dividend shares for 6%+ yields

Analysts expect these stocks to provide income investors with big yields in the coming years.

| More on:
Person handing out $50 notes, symbolising ex-dividend date.

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

Income investors have a lot of great options on the Australian share market right now.

To narrow things down, let's take a look at a few buy-rated ASX dividend shares that are being tipped to provide investors with juicy 6%+ dividend yields in the near term. They are as follows:

Healthco Healthcare and Wellness REIT (ASX: HCW)

Bell Potter thinks that HealthCo Healthcare & Wellness REIT could be an ASX dividend share to buy now. It is a real estate investment trust that invests in hospitals, aged care, childcare, government, life sciences and research, and primary care and wellness property assets.

The broker is expecting the company to pay dividends of 8.4 cents per share for FY 2025 and then 8.7 cents per share in FY 2026. Based on the current Healthco Healthcare and Wellness REIT unit price of $1.11, this will mean dividend yields of 7.6% and 7.8%, respectively.

Bell Potter has a buy rating and $1.50 price target on its shares.

Inghams Group Ltd (ASX: ING)

Over at Morgans, its analysts rate Inghams as an ASX dividend share to buy. It is the largest integrated poultry producer across Australia and New Zealand.

Morgans appears to believe the market has oversold Inghams' shares, leaving them trading at an attractive level. It recently noted that it would be "happy to buy" its shares at current prices.

As for dividends, the broker 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 $2.99, this equates to dividend yields of 6.3% for both years.

Morgans also sees plenty of upside for its shares. It currently has an add rating and $3.66 price target on them.

Super Retail Group Ltd (ASX: SUL)

Finally, the team at Morgans also thinks that Super Retail could be an ASX dividend share to buy this month. It is the retailer behind popular retail brands BCF, MacPac, Supercheap Auto, and Rebel.

The broker believes Super Retail is well-placed to continue paying special dividends in the near term.

It is expecting this to lead to the retailer paying 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 $14.55 this will mean yields of 6.7% and 7.1%, respectively.

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

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 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

Two people lazing in deck chairs on a beautiful sandy beach throw their hands up in the air.
Dividend Investing

Why Macquarie expects this high-yielding ASX 200 dividend stock to outperform

Let's find out.

Read more »

Australian notes and coins symbolising dividends.
Dividend Investing

Why did the Rio Tinto dividend just shrink to 7-year lows?

Rio Tinto just slashed its half-year dividend payout. But why?

Read more »

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

These top ASX dividend shares offer 5%+ yields

Analysts think income investors should be buying these shares.

Read more »

A piggy bank is surround by hands preparing to pay coins into the slot, representing a company capital raisingh in asx share price represented by multiple hands all placing coins in a piggy bank
Dividend Investing

3 Australian dividend stocks trading at bargain prices

These ASX dividend shares look far too cheap to me.

Read more »

A couple cheers as they sit on their lounge looking at their laptop and reading about the rising Redbubble share price
Dividend Investing

Invest $5,000 into these ASX dividend stocks in August

Here's what analysts are recommending as buys right now.

Read more »

Young professional person providing advise to older couple.
Investing Strategies

Why franking credits are a powerful bonus for ASX investors

With super tax changes on the horizon, here’s why franking credits matter more than ever.

Read more »

Smiling woman with her head and arm on a desk holding $100 notes out, symbolising dividends.
Dividend Investing

Buy these ASX dividend shares for passive income

Let's see what analysts are recommending to their clients right now.

Read more »

Business meeting to discuss buy now pay later platform
Dividend Investing

Forget term deposits! I'd buy these two ASX 200 shares instead

I think term deposits have a weak outlook.

Read more »