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Analysts name 2 top ASX 200 dividend shares to buy now

Here are a couple of dividend shares paying good dividends…
The post Analysts name 2 top ASX 200 dividend shares to buy now appeared first on The Motley Fool Australia. –

If you’re aiming to boost your income with some dividend shares, then the two listed below could be worth considering.

Both have been named as buys and tipped to pay attractive dividends in the near term. Here’s what you need to know about these ASX 200 dividend shares:

Centuria Industrial Reit (ASX: CIP)

The first ASX 200 dividend share to look at is Centuria Industrial. It is the owner of a portfolio of high-quality industrial assets situated in key metropolitan locations throughout Australia.

Demand for the company’s properties has been very strong and has so far underpinned a portfolio occupancy rate of 99.2% and 10% rental growth in FY 2022.

The good news is that analysts are expecting this positive trend to continue thanks to elevated demand from the e-commerce sector, which is creating competition for high-quality industrial assets.

Analysts at Macquarie are positive on Centuria Industrial and have an outperform rating and $3.94 price target on its shares. Macquarie highlights that recent weakness has left the company’s shares trading at a large discount to net tangible assets.

As for dividends, the broker is forecasting a 17.3 cents per share distribution in FY 2022 and a 16.8 cents per share distribution in FY 2023. Based on the current Centuria Industrial share price of $2.89, this will mean yields of 6% and 5.8%, respectively

Macquarie Group Ltd (ASX: MQG)

Another ASX 200 dividend share that has been rated as a buy is investment bank Macquarie.

Macquarie recently released its full-year results for FY 2022 and revealed a 56% increase in net profit after tax of $4.7 billion. This was driven by growth across the business after a stellar 12 months.

Analysts at Morgans concede that it will be hard for Macquarie to top this in FY 2023. However, it feels investors should look beyond this and focus on the long term. As a result, it has put an add rating and $215.00 price target on the bank’s shares.

Morgans explained: “We anticipate some near-term earnings volatility over FY23 but we like MQG’s favourable longer-term growth profile and consistent history of delivering strong returns (~15% average ROE over time).”

In respect to dividends, its analysts are forecasting a $7.07 per share dividend in FY 2023 and then $7.47 per share dividend in FY 2024. Based on the current Macquarie share price of $164.00, this will mean yields of 4.3% and 4.5%, respectively.

The post Analysts name 2 top ASX 200 dividend shares to buy now appeared first on The Motley Fool Australia.

Should you invest $1,000 in Centuria Industrial Reit right now?

Before you consider Centuria Industrial Reit, 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 Centuria Industrial Reit wasn’t one of them.

The online investing service he’s run for over 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.

See The 5 Stocks
*Returns as of January 13th 2022

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More reading

How does the Macquarie dividend stack up against the ASX big four banks?
2 powerhouse ASX shares going for dirt cheap right now: expert
Top broker tips 30% upside for the Macquarie share price
Why Macquarie shares could be set for a $570m tailwind
ASX 200 bank shares tumble: Citi says time to buy

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 Scott Phillips.

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