Insights

3 buy-rated ASX dividend shares with big yields

These ASX dividend shares could have big yields in FY 2022…
The post 3 buy-rated ASX dividend shares with big yields appeared first on The Motley Fool Australia. –

Later today the Reserve Bank of Australia will be meeting to discuss the cash rate. According to a note out of Westpac Banking Corp (ASX: WBC), its economics team expect no changes to be made.

In fact, the bank continues to forecast the cash rate staying on hold at the record low of 0.1% until at least December 2022.

As a result, dividend shares look likely to remain the best option for income investors for the foreseeable future.

But which dividends shares should you consider buying? Three with big yields are listed below:

Adairs Ltd (ASX: ADH)

Adairs is a leading homewares and furniture retailer with both a physical presence and growing online presence. The latter includes through its Mocka brand. According to a note out of UBS, its analysts have a buy rating and $4.40 price target on its shares. It is forecasting a fully franked dividend of 21.9 cents per share in FY 2022. Based on the current Adairs share price of $4.08, this will mean a yield of 5.4%.

National Australia Bank Ltd (ASX: NAB)

This banking giant could be a top option for income investors. This is due to improving trading conditions, the Citi acquisition, and its cost management initiatives. Goldman Sachs is very positive on the bank. It has a conviction buy rating and $30.62 price target on the bank’s shares. In addition, the broker is forecasting a 4.6% dividend yield in FY 2022.

Telstra Corporation Ltd (ASX: TLS)

A final dividend share to look at is this telco giant. It is expecting to return to growth at long last in FY 2022, with management forecasting underlying EBITDA growth of 4.5% to 9%. The team at Morgans expect this to underpin a 16 cents per share fully franked dividend. Which based on the current Telstra share price of $3.90, will mean a yield of 4.1%. Morgans has an add rating and $4.34 price target on its shares.

The post 3 buy-rated ASX dividend shares with big yields appeared first on The Motley Fool Australia.

Wondering where you should invest $1,000 right now?

When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for more than eight years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

Scott just revealed what he believes could be the five best ASX stocks for investors to buy right now. These stocks are trading at near dirt-cheap prices and Scott thinks they could be great buys right now.

*Returns as of August 16th 2021

More reading

Telstra (ASX:TLS) share price withstands its LetsVaxx campaign backlash
ASX 200 bank shares fall as AUSTRAC says risk of criminal activity is ‘high’

Will ASX 200 shares be rocked by RBA taper talk tomorrow?

Analysts name 2 ASX 200 dividend shares to buy

Is the NAB (ASX:NAB) share price a buy for its 6.6% dividend yield?

Motley Fool contributor James Mickleboro owns shares of Westpac Banking Corporation. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended ADAIRS FPO. The Motley Fool Australia owns shares of and has recommended ADAIRS FPO and Telstra Corporation Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

Trade The World Anywhere & Anytime!

Mobile app platform with over 50,000 global listed securities across 12 markets (over 70% global market capitalisation), right from your Android or iOS device.

Integrated with exclusive trading idea and investment analysis tools to help you find actionable insight on virtually every financial instrument across our 12 global markets, to help you optimise your trading strategies.

Refer Your Friends

Tell your friends about Monex and gift them FREE access to our trading tools.

We respect your privacy and will only send this one email notification to your friends. 

Share With Your Friends

Share on facebook
Share on twitter
Share on linkedin

Monex Trading Tools Access and Usage Terms

The Monex Trading Tools (referred to as ‘tools’ hereafter) are available to you inside your client portal;


To activate access to the tools, you must have a verified and approved trading account and have made a deposit of at least AUD $1000.


An active and funded account with a positive trading balance is required to continue to have access to the tools;


Although the tools are available to you indefinitely, Monex Securities may at it’s discretion disable access to the tools in the future;


Monex securities reserves the right to change these terms and conditions from time to time, as it sees fit, without notice.

Important Notice
iOS & Android App - 12 International Markets & Over 70% Global Market Cap. $0 Brokerage On US Trades. Click Here!