Investors looking to generate a reliable passive income stream from ASX dividend shares might want to consider the three companies in this article.

These shares have been tipped as buys by analysts and offer attractive dividend yields that could appeal to income-focused investors. Here's what you need to know:

Elders Ltd (ASX: ELD)

Elders is a leading Australian agribusiness that provides specialist knowledge and tailored advice across a broad range of agricultural products and services.

The company has been named as a buy by Bell Potter, which highlights its attractive valuation. It notes that Elders is currently trading at around 7.4 times its projected FY 2025 EBITDA, representing a discount to its long-term average multiple of 8.5 times.

As for income, Bell Potter is forecasting fully franked dividends of 41 cents per share in FY 2025 and 43 cents per share in FY 2026. Based on the current Elders share price of $7.08, this equates to dividend yields of 5.8% and 6%, respectively.

Bell Potter has a buy rating and $9.45 price target on its shares.

Inghams Group Ltd (ASX: ING)

Inghams, Australia's largest integrated poultry producer, is another ASX dividend share that could be worth considering.

Morgans is positive on the company and believes that recent share price weakness has created an attractive buying opportunity.

In addition, despite recent challenges, the broker remains positive on Inghams' earnings potential and its ability to deliver consistent dividends. It is forecasting fully franked dividends of 19 cents per share in both FY 2025 and FY 2026. Based on the current Inghams share price of $3.20, this implies an appealing dividend yield of 6% in each year.

Morgans has an add rating and $3.66 price target on its shares.

IPH Ltd (ASX: IPH)

Intellectual property (IP) services provider IPH is another ASX dividend share that income investors might want to consider buying.

Goldman Sachs sees the company as well-positioned to generate consistent and defensive earnings, supported by modest organic growth.

A key attraction of IPH is its strong track record of dividend increases. The company has raised its dividend every year for the past decade, and Goldman Sachs expects this trend to continue.

The broker is forecasting fully franked dividends of 36 cents per share in FY 2025 and 39 cents per share in FY 2026. Based on the current IPH share price of $4.86, this represents dividend yields of 7.4% and 8%, respectively.

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