If you have $1,000 burning a hole in your pocket, then it could be worth putting it to work in the share market.
But which ASX dividend shares could be good options for these funds? Let's take a look at two that analysts think could be smart buys. They are as follows:
The team at Goldman Sachs thinks that GQG Partners could be a smart ASX dividend share to buy with your funds.
GQG Partners is a global investment company with a focus on managing active equity portfolios. As of its last update, the company was managing US$153 billion on behalf of investors that include many large pension funds, sovereign funds, wealth management firms, and other financial institutions around the world.
And while there have been concerns over its investments in the Adani Group, Goldman isn't concerned and believes that investors should be snapping up its shares while they are down. The broker said:
We are Buy rated on GQG because: 1) Net flow trajectory has been very strong but has slowed 2) Strong performance has resulted in performance fees becoming increasingly more material 3) Medium and long term relative performance strong 4) Attractive valuation vs. peers in context of very strong earnings growth. 5) Impacts from Adani entity investments appear manageable.
As for income, Goldman is forecasting some very large dividend yields. It expects dividends per share of 14 US cents (22.6 Australian cents) in FY 2025 and then 15 US cents (24.2 Australian cents) in FY 2026. Based on its current share price of $1.93, this would mean massive dividend yields of 11.7% and 12.5%, respectively.
Goldman currently has a buy rating and $3.00 price target on its shares.
Another smart ASX dividend share to buy according to analysts is retail giant Harvey Norman.
Bell Potter is feeling very positive about the company. This is because it believes the retailer stands to benefit greatly from an artificial intelligence driven major upgrade/replacement cycle of devices. It recently said:
We see a sizable upside from the AI driven upgrade cycle/replacement cycle of devices purchased during COVID-peak to Consumer Electronics sales at HVN ahead. We view HVN as supported by exclusive access from brands/chip manufacturers given large format stores globally which are attractive to global technology brands/suppliers when launching new products. We see trading in the Black Friday weekend from today and into Christmas as a near-term catalyst with early signs to-date appearing supportive.
The broker expects 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 $4.67, this equates to attractive 5.5% and 6.1% dividend yields, respectively.
Bell Potter has a buy rating and $5.80 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。