Analysts name 2 ASX dividend shares to buy right now


Are you looking for dividend shares to buy? If you are, the two listed below could be worth considering.

Both are rated as buys and tipped to offer investors with attractive yields. Here’s what you need to know:

Charter Hall Social Infrastructure REIT (ASX: CQE)

The first ASX dividend share to look at is the Charter Hall Social Infrastructure REIT.

This real estate investment trust invests in social infrastructure properties such as bus depots, police and justice services facilities, and childcare centres.

Analysts at Goldman Sachs are very positive on the company and currently have a conviction buy rating and $4.20 price target on its shares. Goldman highlights that Charter Hall Social Infrastructure performed positively during the first half, delivering solid like for like rental growth and reporting 100% occupancy and a weighted average lease expiry of 14.6 years.

Looking ahead, the broker expects more of the same in the future. This is expected to underpin dividends per share of 17.2 cents in FY 2022 and 18.3 cents in FY 2023. Based on its current share price of $3.99, this implies yields of 4.3% and 4.6%, respectively.

Westpac Banking Corp (ASX: WBC)

Another dividend share that is highly rated is Australia’s oldest bank, Westpac.

The team at Morgans currently has an add rating and $29.50 price target on its shares. The broker believes Westpac can achieve its cost cutting targets and is optimistic that its margin outlook isn’t as bad as the market thinks.

Morgans also notes that it “offers the most compelling valuation of the major banks” and “is positioned relatively defensively due to its loan book being more skewed to Australian home lending.”

In respect to dividends, Morgans has pencilled in fully franked dividends per share of $1.19 in FY 2022 and $1.60 in FY 2023. Based on the latest Westpac share price of $23.62, this will mean yields of 5% and 6.75%, respectively.

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