Income investors are spoilt for choice on the Australian share market.
The local market is among the most generous globally, offering a wide selection of ASX dividend stocks with attractive yields.
But which stocks could be great options when the market reopens this week? Here are three that analysts have recently highlighted as buys. They are as follows:
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Endeavour Group Ltd (ASX: EDV)
Endeavour Group could be a top ASX dividend stock to consider right now according to analysts at Goldman Sachs.
It is the leader in Australia's alcohol retail market, operating popular store brands Dan Murphy's and BWS, along with the ALH Hotels business. It manages over 350 licensed venues nationwide.
Goldman Sachs likes Endeavour for its market leadership and the defensive nature of the alcohol retail sector. The broker believes this will support fully franked dividends of 19 cents per share in FY 2025 and 22 cents per share in FY 2026. At the current share price of $4.16, this equates to dividend yields of 4.6% and 5.3%, respectively.
Goldman has a buy rating and $5.10 price target on the stock.
Regal Partners Ltd (ASX: RPL)
The team at Bell Potter is positive on Regal Partners and has named it as an ASX dividend stock to buy. It is an alternative investment management company.
The broker likes Regal Partners due to its attractive valuation. Particularly given the company's robust investment performance.
And as well as having solid earnings growth potential, the broker is forecasting a growing streams of fully franked dividends. It expects 14.6 cents per share in FY 2024 and then 18.1 cents in FY 2025. At the current share price of $3.84, this equates to dividend yields of 3.8% and 4.7%, respectively.
Bell Potter has a buy rating on its shares with a price target of $4.85.
Super Retail Group Ltd (ASX: SUL)
Finally, Morgans has named Super Retail as an ASX dividend stock to buy.
It is the retail conglomerate behind popular retail brands BCF, MacPac, Supercheap Auto, and Rebel.
The broker is positive due to its belief that Super Retail's diversified portfolio provides greater resilience to macroeconomic trends compared to its peers. It feels this positions it well to continue paying special dividends in the near term.
The broker is forecasting fully franked dividends per share of 94 cents for FY 2025 and 103 cents for FY 2026. At the current share price of $15.28, this equates to yields of 6.15% and 6.7%, respectively.
Morgans has an add rating on the stock with a price target of $18.55.
