With so many ASX dividend shares to choose from on the Australian share market, it can be hard to decide which ones to buy. Especially with most brokers now warning investors off the big four banks due to valuation concerns.
But don't worry because brokers have done the hard work for you and picked out some great alternatives to the banks.
Three dividend shares that have been given buy ratings recently are named below. Here's what you need to know about them:
Analysts think that Clearview Wealth could be an ASX dividend share to buy right now. It is a life insurance business that partners with financial advisers to help Australians protect their wealth.
Morgans is a big fan of the company and believes it is well-positioned to deliver strong earnings growth in the coming years. This is being underpinned by its transformation program.
The broker expects this to underpin fully franked dividends of 3.6 cents per share in FY 2025 and then 4.3 cents per share in FY 2026. Based on the current Clearview share price of 53 cents, this would mean dividend yields of 6.8% and 8.2%, respectively.
Morgans has an add rating and 81 cents price target on its shares.
A second ASX dividend share that has also been tipped as a buy is GDI Property. It is a property owner and fund manager with investments across Sydney, Brisbane, Perth, and Queensland.
Bell Potter is very positive on the company and highlights that "management expects significantly enhanced Property FFO in FY25."
It expects this to underpin dividends per share of 5 cents in both FY 2025 and FY 2026. Based on the current GDI Property share price of 64 cents, this equates to dividend yields of 7.8% for both financial years.
Bell Potter currently has a buy rating and 80 cents price target on its shares.
Finally, HomeCo Daily Needs could be another ASX dividend share to buy according to analysts. It is a property company with a focus on neighbourhood retail, large format retail, and health and services.
Morgans is also bullish on this name. It highlights that its shift in focus from large format retail to daily needs leaves it well-placed for growth in the coming years.
The broker expects HomeCo Daily Needs to pay dividends per share of 8.5 cents in FY 2025 and then 8.7 cents in FY 2026. Based on its current share price of $1.25, this will mean yields of 6.8% and 7%, respectively.
Morgans currently has an add rating and $1.36 price target on its shares.
免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。