These buy-rated ASX dividend stocks offer 4% to 7% yields

Brokers think that income investors should be buying these top income options right now.

| More on:
Beautiful young woman drinking fresh orange juice in kitchen.

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

A number of Australia's leading brokers have been busy running the rule over a collection of ASX dividend stocks recently.

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

Aspen Group Limited (ASX: APZ)

A recent note out of Bell Potter reveals that its analysts have put a buy rating and $2.75 price target on Aspen's shares.

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

Bell Potter likes this ASX dividend stock 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.

The broker is expecting this focus to support the payment of dividends per share of 10 cents in FY 2025 and then 10.3 cents in FY 2026. Based on the current Aspen share price of $2.50, this will mean dividend yields of 4% and 4.1%, respectively.

IPH Ltd (ASX: IPH)

Goldman Sachs has put a buy rating and $7.50 price target on IPH's shares.

It notes that the global intellectual property (IP) services provider is well-positioned to deliver stable and defensive earnings with modest organic growth.

Another positive with this ASX dividend stock is that it has one of the best dividend track records on the Australian share market. IPH has increased its dividend each over the past decade, even during the COVID pandemic.

The good news is that Goldman Sachs expects this trend to continue, forecasting fully franked dividends of 36 cents per share in FY 2025 and 39 cents per share in FY 2026. At the current share price of $5.08, this implies dividend yields of 7.1% and 7.7%, respectively.

SRG Global Ltd (ASX: SRG)

Bell Potter is also bullish on SRG Global and has a buy rating and $1.55 price target on the ASX dividend stock.

SRG Global is a diversified industrial services group that provides multidisciplinary construction, maintenance, production drilling and geotechnical services.

Bell Potter is very positive on the company's outlook. It highlights that SRG Global's "short-to-medium term outlook is reinforced by Government-stimulated construction activity."

The broker believes this will underpin the payment of fully franked dividends of 5 cents in FY 2025 and then 6 cents in FY 2026. Based on its current share price of $1.28, this will mean dividend yields of 3.9% and 4.7%, respectively.

Should you invest $1,000 in Bega Cheese Limited right now?

Before you buy Bega Cheese Limited shares, consider this:

Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now... and Bega Cheese Limited wasn't one of them.

The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

And right now, Scott thinks there are 5 stocks that may be better buys...

See The 5 Stocks *Returns as of 7 February 2025

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 Goldman Sachs Group. The Motley Fool Australia has recommended Aspen Group, IPH Ltd , and Srg Global. 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

Man holding fifty Australian Dollar banknote in his hands, symbolising dividends, symbolising dividends.
Dividend Investing

Invest $10,000 into these ASX dividend shares

Goldman Sachs thinks these shares could be good options for income investors.

Read more »

Miner holding cash which represents dividends.
Dividend Investing

Here's the BHP dividend forecast through to 2029

Is the Big Australian's dividend heading higher or lower from here? Let's find out.

Read more »

Person with a handful of Australian dollar notes, symbolising dividends.
Dividend Investing

24 ASX 200 shares with ex-dividend dates next week

It's a big week ahead for dividend investors on the ASX.

Read more »

asx share price cut represented by scissors cutting through $100 note
Dividend Investing

Investing for passive income? Here's everything you need to know about the slashed Fortescue dividend

The Fortescue dividend took a hit, but the ASX 200 miner still trades at an attractive yield.

Read more »

A woman wearing a yellow shirt smiles as she checks her phone.
Dividend Investing

Here's the Telstra dividend forecast through to 2027

Is the Telstra dividend going to continue growing? Let's find out.

Read more »

Happy young woman saving money in a piggy bank.
Dividend Investing

Forget Westpac and the big four banks and buy these ASX dividend stocks

Analysts have good things to say about these income options. Here's what you need to know.

Read more »

A woman with a mobile phone in her hand looks sceptical with a puzzled expression on her face with an eyebrow raised and pursed lips.
Dividend Investing

Are BHP and these ASX 200 dividend shares buys?

Let's see if brokers think these shares are buys right now.

Read more »

A female coal miner wearing a white hardhat and orange high-vis vest holds a lump of coal and smiles as the Whitehaven Coal share price rises today
Dividend Investing

The high-yielding ASX 200 dividend stock now trading at a 'discounted valuation'

A leading expert believes this high-yielding ASX dividend stock is well-placed to lift its earnings.

Read more »