Are you on the lookout for some ASX dividend stocks for your income portfolio?

If you are, then it could be worth listening to what analysts at Bell Potter are saying about the two in this article.

Bell Potter is expecting some attractive dividend yields from these stocks in the near term and sees plenty of value on offer at current levels. Here's what the broker is recommending to clients:

Cedar Woods Properties Ltd (ASX: CWP)

The first ASX dividend stock that Bell Potter is bullish on is Cedar Woods.

It is a leading, national developer of residential communities and commercial developments.

The broker likes Cedar Woods due to its belief that it is well-placed for double-digit earnings growth over the coming years. It explains:

CWP has guided for both revenue and margin growth in FY26. Industry cost escalation is moderating, and labour availability is improving. The forward development pipeline is more diversified than ever, and the company continues to restock ahead of the cycle, positing itself well for sustained growth (BPe +11% 3yr EPS CAGR).

As for dividends, the broker is forecasting payouts of 27 cents per share in FY 2025 and then 31 cents per share in FY 2026. Based on its current share price of $5.17, this equates to dividend yields of 5.2% and 6%, respectively.

Bell Potter has a buy rating and $7.20 price target on its shares.

Elders Ltd (ASX: ELD)

Another ASX dividend stock that gets the thumbs up from analysts at Bell Potter is agribusiness company Elders.

It is a leading supplier of agricultural products to rural and regional Australia, with strong agency positions in livestock, wool, and real estate.

Bell Potter believes that the company is well-placed to benefit from improving market conditions. It explains:

We would expect many of the issues that plagued 1Q24 have largely unwound in 1Q25 and as such would anticipate a more normal phasing in earnings in FY25e. We remain of the view that the Delta-Elders overlap is limited and manageable (we note the ACCC's final Supermarkets review is also overdue) and would see this a catalyst for momentum to return.

In respect to income, Bell Potter is forecasting a partially franked 36 cents per share dividend in FY 2025 and then a fully franked 43 cents per share dividend in FY 2026. Based on its current share price of $5.82, this equates to dividend yields of 6.2% and 7.4%, respectively.

The broker currently has a buy rating and $9.40 price target on its shares.