Insights

Analysts name 2 ASX dividend shares to buy

Here are two dividend shares analysts rate as buys…
The post Analysts name 2 ASX dividend shares to buy appeared first on The Motley Fool Australia. –

With savings accounts and term deposits still providing very low interest rates, the share market arguably remains the best place to earn a passive income.

But which ASX dividend shares should you consider buying? Two to look at are listed below:

Centuria Industrial Reit (ASX: CIP)

Income investors might want to take a look at Centuria Industrial. This industrial focused property company has built a portfolio of quality assets aiming to deliver income and capital growth for investors.

It has also just added to this portfolio with the acquisition of eight freehold urban infill industrial assets for $351.3 million. This acquisition expands Centuria Industrial’s exposure across attractive industrial sub-sectors including distribution centres, cold storage, and transport logistics.

One broker that was pleased with the acquisition was Macquarie. In response to the deal, the broker retained its outperform rating and lifted its price target to $4.22.

As for dividends, Macquarie is 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 $3.65, this will mean yields of 4.7% and 5%.

National Australia Bank Ltd (ASX: NAB)

Another ASX dividend share for income investors to consider is NAB.

This banking giant could be a good option due to its improving outlook, strong balance sheet, and proposed acquisition of Citibank’s Australian consumer business. This acquisition gives NAB exposure to an area that it was significantly underweight and could bode well for future growth.

Goldman Sachs is very positive on the bank. It likes NAB due to its cost management initiatives, its position as the largest business bank, and its strong capital position.

The broker has a conviction buy rating and $30.62 price target on the bank’s shares. In addition, it is forecasting fully franked dividends per share of 125 cents in FY 2021, 140 cents in FY 2022, and 145 cents in FY 2023.

Based on the current NAB share price of $27.24, this will mean yields of 4.5%, 5.1%, and 5.3%, respectively.

The post Analysts name 2 ASX dividend shares to buy appeared first on The Motley Fool Australia.

Should you invest $1,000 in NAB right now?

Before you consider NAB, you’ll want to hear this.

Motley Fool Investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and NAB wasn’t one of them.

The online investing service he’s run for nearly a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.* And right now, Scott thinks there are 5 stocks that are better buys.

*Returns as of August 16th 2021

More reading

Confirmed: APRA is planning action on home loans, ASX 200 banks drop

Why these experts think the NAB (ASX:NAB) share price is on the way up
2 excellent ASX shares for a retirement portfolio

Why we favour 2 of 4 big bank ASX shares: fund manager

2 ASX 200 shares that could be buys for dividends

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.

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!