Analysts Anticipate 6% Yields from These ASX 200 Dividend Shares

2 min read | November 22, 2023 08:17 PM AEDT | By Team Kalkine Media

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For investors seeking to enhance their income portfolios, three ASX dividend shares are gaining attention from analysts. Here's a glimpse into what these shares could offer in terms of dividends, as projected by analysts:

ANZ Group Holdings Ltd (ASX: ANZ):

Analysts at Goldman Sachs view ANZ as a promising ASX 200 dividend share, particularly due to the anticipated outperformance of its institutional business in the current environment. The brokerage firm holds a buy rating for ANZ shares with a target price of $26.66. In terms of dividends, Goldman Sachs foresees fully franked dividends per share reaching $1.62 in both FY 2024 and FY 2025. At the current ANZ share price of $24.29, this translates to dividend yields of 6.6%.

QBE Insurance Group Ltd (ASX: QBE):

Another ASX 200 dividend share with the potential for substantial yields is insurance giant QBE, as per Goldman Sachs. The brokerage maintains a buy rating for QBE shares, setting a target price of $18.09. Projected dividends include payouts of 60 US cents per share in FY 2024 and 62 US cents per share in FY 2025. With the current QBE share price at $14.88, this implies yields of 6.1% and 6.35%, respectively.

Stockland Corporation Ltd (ASX: SGP):

Stockland, a residential and land lease developer, as well as a property manager in retail, logistics, and office real estate, is considered a buy by Citi, which names it as its top pick in the industry. With a buy rating and a target price of $5.00, Citi expects dividends per share to reach 27 cents in both FY 2024 and FY 2025. At the current Stockland share price of $4.04, this results in substantial yields of 6.7% in both financial years.

These ASX 200 dividend shares, backed by positive analyst sentiment and attractive yield projections, could potentially offer income-focused investors appealing opportunities.

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