3 top ASX dividend stocks that analysts rate as buys

Let's see why these could be top picks for income investors.

| More on:
Middle age caucasian man smiling confident drinking coffee at home.

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

Are you on the hunt for some new ASX dividend stocks to buy?

If you are, then it could be worth checking out the three named below.

They have been rated as buys by analysts and are expected to provide investors with attractive dividend yields in the near term. Here's what you need to know:

Adairs Ltd (ASX: ADH)

The first ASX dividend stock that could be a buy is Adairs. It is a leading homewares and furniture retailer behind the Adairs, Focus on Furniture, and Mocka brands.

The team at Morgans is positive on the company. It highlights that Adairs is benefiting from a streamlined supply chain through its new national distribution centre and sees strong potential from its core Adairs brand, where sales were up over 15% early in the second half of FY 2025.

In respect to dividends, the broker is forecasting fully franked dividends of 14 cents per share in FY 2025 and then 17 cents in FY 2026. Based on the current share price of $2.13, that equates to very attractive yields of 6.6% and 8%, respectively.

Morgans has an add rating and $2.85 price target, suggesting meaningful upside ahead.

GQG Partners Inc. (ASX: GQG)

GQG could be another ASX dividend stock to buy according to analysts. It is a global boutique asset management company focused on active equity portfolios.

Analysts at Goldman Sachs think that its shares are cheap at current levels. They also believe that some very large dividend yields are coming in the near term.

For example, the broker is forecasting fully franked dividends of 14 US cents in FY 2025 and then 16 US cents in FY 2026. At current exchange rates and its latest share price of $2.04, this equates to dividend yields of 10.7% and 12.25%, respectively.

Goldman has a buy rating and $3.00 price target on its shares.

Super Retail Group Ltd (ASX: SUL)

A third ASX dividend stock that could be a top pick for income investors is Super Retail.

It owns popular retail chains Supercheap Auto, Rebel, BCF and Macpac — all of which continue to benefit from strong brand loyalty and solid margins.

Goldman Sachs remains positive on Super Retail and believes some good dividend yields are on the cards in the near term. The broker is forecasting fully franked dividends of 64 cents per share in FY 2025 and then 66 cents in FY 2026. Based on its current share price of $12.68, this will mean dividend yields of 5% and 5.2%, respectively.

Goldman has a buy rating and $15.50 price target on its shares.

Motley Fool contributor James Mickleboro has positions in Gqg Partners. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Adairs, Goldman Sachs Group, and Super Retail Group. The Motley Fool Australia has positions in and has recommended Adairs and Super Retail Group. The Motley Fool Australia has recommended Gqg Partners. 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

Close-up of a business man's hand stacking gold coins into piles on a desktop.
Dividend Investing

Here's how I would build a $100,000 dividend portfolio for maximum passive income today

These ten stocks will pay you handsomely to own them...

Read more »

An older executive man dressed in suit trousers and a white shirt sits against a wall smiling with cash rains down over him representing dividend shares like BHP, FMG and Newcrest paying dividends in retirement
How to invest

How you can earn $10,000 a year in passive income from a $10k ASX 200 investment today!

Looking to boost your retirement with an extra $10,000 a year in passive income. Read on...

Read more »

A smiling woman holds a Facebook like sign above her head.
Dividend Investing

Bell Potter names the best ASX dividend shares to buy in June

Bell Potter thinks these are among the best shares for income investors to buy right now.

Read more »

a man leans back in his chair with his arms supporting his head as he smiles a satisfied smile while sitting at his desk with his laptop computer open in front of him.
Dividend Investing

With a 5% dividend yield, why I think this leading ASX share is a buy

I think this business offers pleasing income with potential capital gains too.

Read more »

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

3 top ASX dividend shares for income investors to buy

Analysts have good things to say about these income options.

Read more »

Woman smiling whilst shopping in a clothing store.
Dividend Investing

Why this quality ASX 300 dividend stock is tipped to surge 54%

A leading fund manager forecasts significant outperformance from this quality ASX 300 dividend stock.

Read more »

Man smiling at a laptop because of a rising share price.
Dividend Investing

Why this is one of my top ASX dividend shares to buy in June

This ASX dividend share provides everything I’m looking for.

Read more »

A happy young couple lie on a wooden deck using a skateboard for a pillow.
Dividend Investing

Forget Westpac and buy these ASX dividend shares

Let's see what analysts are saying about these income options.

Read more »