Analysts say these ASX dividend shares are top buys

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

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Thankfully for income investors, there are lots of ASX dividend shares to choose from on the local share market.

But which ones could be buys this week? Let's look at three that analysts currently rate as buys. They are as follows:

Cedar Woods Properties Limited (ASX: CWP)

The first ASX dividend share that could be a buy for income investors is Cedar Woods. It is one of Australia's leading property developers with a portfolio diversified by geography, price point, and product type.

The team at Morgans is positive on the company. It highlights that "looking forward, the signs are positive, with guidance for +10% NPAT growth in FY25, supported by favorable operating conditions in most key states."

The broker expects this to underpin dividends per share of 27 cents in FY 2025 and then 33.3 cents in FY 2026. Based on its current share price of $5.47, this equates to 4.9% and 6.1% dividend yields, respectively.

Morgans has an add rating and $6.70 price target on the company's shares.

Centuria Industrial REIT (ASX: CIP)

Another ASX dividend share that could be a buy is Centuria Industrial. It is Australia's largest domestic pure play industrial property investment company. The company notes that its portfolio includes high-quality, fit-for-purpose industrial assets that are situated in key in-fill locations and close to key infrastructure.

UBS remains very positive on the company and expects some attractive dividend yields in the near term. It is forecasting 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 $2.98, this will mean dividend yields of 5.4% and 5.7%, respectively.

The broker currently has a buy rating and $3.80 price target on its shares.

SRG Global Ltd (ASX: SRG)

A final ASX dividend share for income investors to consider buying is SRG Global. It is an engineering-led specialist construction, maintenance, and mining services group operating across the entire asset lifecycle.

Bell Potter is positive on this company. It highlights that its "short-to-medium term outlook is reinforced by Government-stimulated construction activity."

And last week it noted that the company's latest "update highlights the diversity of SRG's operating model, servicing clients in multiple industries and geographies, which should protect overall Group activity from underperforming sectors."

As for income, Bell Potter is forecasting fully franked dividends of 5 cents in FY 2025 and then 6 cents in FY 2026. Based on its current share price of $1.31, this will mean dividend yields of 3.8% and 4.6%, respectively.

Bell Potter has a buy rating and $1.55 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 no position in any of the stocks mentioned. The Motley Fool Australia has recommended Srg Global. 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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