3 ASX dividend shares to buy after Christmas

Why are analysts bullish on these income options? Let's find out what they are saying.

Three young people lie in the surf on a beach wearing santa hats.

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

Do you have space in your income portfolio for some more ASX dividend shares after the Christmas break?

If you do, then it could be worth looking at the three listed below. That's because analysts rate them as buys and believe they will offer attractive dividend yields.

Here's what you need to know about these dividend shares:

Harvey Norman Holdings Limited (ASX: HVN)

The first ASX dividend share that could be a buy for income investors is retail giant Harvey Norman.

Bell Potter believes it is a buy due to its exposure to the artificial intelligence (AI) boom. The broker expects Harvey Norman to benefit greatly from an AI driven major upgrade/replacement cycle of devices purchased during the COVID-19 pandemic.

It is expecting this to underpin fully franked dividends of 25.9 cents per share in FY 2025 and then 28.5 cents per share in FY 2026. Based on the current Harvey Norman share price of $4.71, this equates to attractive 5.5% and 6% dividend yields, respectively.

Bell Potter has a buy rating and $5.80 price target on its shares.

HomeCo Daily Needs REIT (ASX: HDN)

Another ASX dividend share that could be a buy after Christmas is HomeCo Daily Needs. It is a property company with a focus on neighbourhood retail, large format retail, and health and services.

The team at Morgans remains positive on the company. Particularly given its shift in focus from large format retail to daily needs. It appears to believe this leaves it well-postioned for growth in the coming years.

In respect to income, Morgans is forecasting dividends per share of 8.5 cents in FY 2025 and then 8.7 cents in FY 2026. Based on the current HomeCo Daily Needs share price of $1.16, this will mean dividend yields of 7.3% and 7.5%, respectively.

The broker currently has an add rating and $1.36 price target on its shares.

Regal Partners Ltd (ASX: RPL)

A third ASX dividend share for income investors to look at is specialist alternative investment manager Regal Partners. At the last count, it had approximately $17.2 billion in funds under management.

But Bell Potter believes that this number will grow in the future. Particularly given its strong performance, which it doesn't believe is reflected in its share price at present.

It expects this strong performance to underpin fully franked dividends per share of 16.3 cents in FY 2024 and then 18.1 cents in FY 2025. Based on its current share price of $3.57, this represents dividend yields of 4.55% and 5.1%, respectively.

Bell Potter has a buy rating and $4.85 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 positions in and has recommended Harvey Norman. The Motley Fool Australia has recommended HomeCo Daily Needs REIT. 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

Dividend Investing

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.

Read more »

man dressed as santa holding a piggy bank
Dividend Investing

Buy these ASX dividend shares as Christmas presents

Here's why they could be in the buy zone.

Read more »

A male investor sits at his desk looking at his laptop screen holding his hand to his chin pondering whether to buy Macquarie shares
Dividend Investing

A 10% dividend yield from an All Ords stock with a forward P/E of 9!

I’m bullish on this stock. Here’s why.

Read more »

Man holding out $50 and $100 notes in his hands, symbolising ex dividend.
Dividend Investing

I'd buy these ASX dividend shares with big yields for income

These are some of the most appealing businesses to me for a big yield.

Read more »

Person holding Australian dollar notes, symbolising dividends.
Dividend Investing

15 ASX 200 stocks going ex-dividend before New Year's Eve

Looking for some last minute end-of-year dividend income? Better be quick.

Read more »

A woman presenting company news to investors looks back at the camera and smiles.
Dividend Investing

Top analysts say these ASX 200 dividend shares are great buys

Here's what analysts are saying about these income options right now.

Read more »

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

Why these ASX dividend stocks could be best buys

Bell Potter thinks these dividend stocks are best buys in December.

Read more »

Middle age caucasian man smiling confident drinking coffee at home.
Dividend Investing

3 quality ASX dividend shares to buy next week

Analysts are tipping these shares as buys for income investors. Let's see what they offer.

Read more »