These dividend shares could be in the buy zone…
The post Analysts name 2 ASX 200 dividend shares to buy appeared first on The Motley Fool Australia. –
If you’re looking to boost your income portfolio, then you may want to look at the shares listed below.
Here’s why these ASX 200 dividend shares could be worth considering right now:
Centuria Industrial Reit (ASX: CIP)
The first ASX 200 dividend share to look at is Centuria Industrial. It is the largest domestic pure play industrial REIT.
Centuria Industrial notes that its portfolio of high-quality industrial assets is situated in key metropolitan locations throughout Australia and underpinned by a quality and diverse tenant base. The company is overseen by a hands on, active manager and aims to provide investors with income and an opportunity for capital growth.
The company recently announced the acquisition of eight freehold urban infill industrial assets for $351.3 million. This transaction expands Centuria Industrial’s exposure across attractive industrial sub-sectors including distribution centres, cold storage, and transport logistics.
Macquarie is very positive on the company and has an outperform rating and $4.22 price target on its shares.
The broker is also forecasting a 17.3 cents per share distribution in FY 2022 and an 18.4 cents per share distribution in FY 2023. Based on the current Centuria Industrial share price of $3.68, this will mean yields of 4.7% and 5%, respectively.
National Australia Bank Ltd (ASX: NAB)
Another ASX 200 dividend share to consider is NAB. It could be a quality option for income investors that don’t already have exposure to the banking sector.
The team at Bell Potter is very positive on NAB and is expecting a solid full year result from the bank next week. The broker is forecasting a profit of $6.45 billion, up materially from $3.7 billion in FY 2021. Its analysts expect this to allow the bank to pay a fully franked full year dividend of 119.5 cents per share, which is double FY 2020’s dividend.
Pleasingly, the broker then expects this dividend to grow to 129.5 cents per share in FY 2022. Based on the current NAB share price of $28.93, this will mean yields of 4.1% and 4.5%, respectively,
Bell Potter currently has a buy rating and $31.00 price target on the bank’s shares.
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Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.