If you are wanting to boost your passive income with some ASX dividend shares, then the three listed below could be worth considering.
These dividend shares have been named as buys and tipped to provide 4% to 5% dividend yields in the coming years.
Here's what brokers are saying about them:
The first ASX dividend share to look at is Dexus.
It is one of Australia's leading fully integrated real estate groups. Dexus's $14.5 billion high quality portfolio comprises predominantly $9.6 billion in office and $3.5 billion in industrial.
Management also highlights that it has a $15.6 billion real estate development pipeline that provides the opportunity to grow both portfolios and enhance future returns.
Macquarie is a fan of the company. Earlier this month, the broker responded to Dexus' half year results by putting an outperform rating and $8.08 price target on its shares.
As for dividends, the broker is forecasting dividends per share of 37 cents in FY 2025 and 38.9 cents in FY 2026. Based on the latest Dexus share price of $7.45, this will mean yields of 5% and 5.2%, respectively.
The team at Goldman Sachs thinks that Super Retail could be an ASX dividend share to buy. It is the diversified retailer behind the BCF, Supercheap Auto, Macpac, and Rebel brands.
While the broker acknowledges that Super Retail's half year earnings were a touch weaker than expected, it believes that a post-results pullback has created a buying opportunity. Goldman has put a buy rating and $15.50 price target on its shares.
As for income, its analysts are forecasting 64 cents per share in FY 2025 and then 66 cents per share in FY 2026. Based on its current share price of $14.10, this represents dividend yields of 4.5% and 4.7%, respectively.
A third ASX dividend share that could be a top buy for income investors is Transurban.
It is a toll road operator with a portfolio of important roads across Australia and North America. This includes the CityLink toll road in Melbourne, the Cross City Tunnel in Sydney, and AirportlinkM7 in Brisbane.
UBS is positive on the company and recently put a buy rating and $14.85 price target on its shares.
In respect to dividends, the broker is forecasting payouts of 65 cents per share in FY 2025 and then 69 cents per share in FY 2026. Based on its current share price of $13.32, this would mean dividend yields of 4.9% and 5.2%, respectively.
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