The Australian share market traditionally provides investors with an average dividend yield of 4%.
Although this is a great yield, it pales in comparison to what some ASX dividend shares offer.
For example, the three shares listed below have been named as buys and tipped to provide significantly larger yields. Here's why they could be a great option for investors looking for an income boost in 2025:
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Coronado Global Resources Inc (ASX: CRN)
For investors that are open to the mining sector, Coronado Global Resources could be worth considering. It is the largest pure-play metallurgical coal producer supplying global export markets, achieving total sales of 15.6Mt in 2023.
Analysts at Bell Potter are optimistic about Coronado, recently putting a buy rating and $1.60 price target on its shares.
The broker highlights that from late 2024, Coronado's production profile will become more stable with the addition of 1.5–2.0Mtpa of incremental saleable production from its lower-cost and less weather-affected Mammoth Underground Project.
Bell Potter expects this to underpin partially franked dividends of 10 cents per share in FY 2025 and 8.6 cents per share in FY 2026. At the current share price of 93 cents, this implies dividend yields of 10.8% and 9.2%, respectively.
Healthco Healthcare and Wellness REIT (ASX: HCW)
HealthCo Healthcare & Wellness REIT is another high-yield ASX dividend share recommended as a buy right now.
This real estate investment trust focuses on properties in sectors such as hospitals, aged care, childcare, government, life sciences and research, and primary care and wellness.
Analysts at Bell Potter are optimistic about its growth potential, highlighting a "significant scope for growth with an estimated $218 billion addressable market."
But in the near term, the broker still expects HealthCo to pay some big dividends. It is forecasting 8.4 cents per share in FY 2025 and then 8.7 cents per share in FY 2026. At the current unit price of $1.14, this implies dividend yields of 7.4% and 7.6%, respectively.
Bell Potter has a buy rating and $1.50 price target on its shares.
Inghams Group Ltd (ASX: ING)
Inghams could be a final high-yield ASX dividend share worth considering.
As the largest integrated poultry producer in Australia and New Zealand, the company remains a standout in the industrials sector.
And despite a softer-than-expected full-year result this year, Morgans recently reaffirmed its confidence in Inghams, stating that it was "happy to buy" its shares at current levels. The broker believes the market has oversold the stock, leaving it attractively priced.
In respect to income, Morgans forecasts fully franked dividends of 19 cents per share in both FY 2025 and FY 2026. At the current share price of $3.10, this implies dividend yields of 6.1% for both years.
Morgans currently has an add rating on Inghams shares with a price target of $3.66.
