Income investors that are on the lookout for new portfolio additions might want to check out the three ASX 200 dividend shares named below.
That's because analysts are tipping them as buys and forecasting them to provide good dividend yields. Here's what they are expecting from these dividend shares:
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Coles Group Ltd (ASX: COL)
The first ASX 200 dividend share that is being tipped as a buy is Coles.
It is one of Australia's leading retailers with an extensive footprint of over 1,800 retail outlets nationally serving millions of customers every week. This includes more than 840 supermarkets and a large liquor store network across brands such as Liquorland, First Choice Liquor Market, and Vintage Cellars brands.
Bell Potter is bullish on the retailer and expects some good dividend yields in the near term. It is forecasting fully franked dividends of 68 cents per share in FY 2025 and then 78 cents per share in FY 2026. Based on the current Coles share price of $18.34, this equates to dividend yields of approximately 3.7% and 4.3%, respectively.
Bell Potter has a buy rating and $20.50 price target on its shares.
DEXUS Property Group (ASX: DXS)
Another ASX 200 dividend share to look at is Dexus. It is one of Australia's leading fully integrated real estate groups.
It manages a high-quality Australasian real estate and infrastructure portfolio valued at $54.5 billion. The Dexus platform includes the Dexus investment portfolio and the funds management business.
The team at UBS is bullish on the company and has put a buy rating and $8.86 price target on its shares.
As for dividends, the broker is forecasting dividends per share of 37 cents in FY 2025 and 38 cents in FY 2026. Based on the latest Dexus share price of $6.99, this will mean yields of 5.3% and 5.4%, respectively.
QBE Insurance Group Ltd (ASX: QBE)
Finally, Goldman Sachs thinks that this insurance giant could be an ASX 200 dividend share to buy.
It likes QBE due to its exposure to the commercial rate cycle and its improving performance in North America.
The broker has recently highlighted that "underlying trends look very positive" and that "North America on a pathway to improved profitability."
In respect to income, Goldman is forecasting dividends per share of 54 US cents (82.7 Australian cents) in FY 2024 and 57 US cents (87.3 Australian cents) in FY 2025. Based on the current QBE share price of $19.58, this equates to dividend yields of 4.2% and 4.5%, respectively.
Goldman Sachs currently has a buy rating and $20.00 price target on its shares.
