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The share market offers numerous opportunities for income through dividends. While the average dividend yield for the ASX is around 4%, several stocks provide even higher yields, making them attractive options for income-focused investors. Here are three ASX dividend stocks currently expected to deliver impressive dividend yields:
Healthco Healthcare and Wellness REIT (ASX:HCW)
Healthco Healthcare and Wellness REIT is a real estate investment trust specializing in healthcare and wellness assets. The company boasts a diverse portfolio that benefits from significant megatrends, aiming for stable and growing distributions alongside long-term capital growth and a positive environmental and social impact.
Analysts forecast Healthco Healthcare and Wellness REIT will offer dividends of 8.4 cents per share for FY 2025 and 8.7 cents per share for FY 2026. With the current share price at $1.22, this equates to potential yields of 6.9% and 7.1%, respectively. These yields reflect the trust's strong positioning in its sector and its commitment to rewarding shareholders.
IPH Ltd (ASX:IPH)
IPH Ltd is a global intellectual property solutions provider, with a strong presence in Australia, New Zealand, and Singapore, and expanding into markets such as Canada. The company's solid market position supports steady and defensive earnings, coupled with modest organic growth.
For FY 2025, analysts expect IPH to pay out dividends of 37 cents per share, increasing to 40 cents per share in FY 2026. Based on the current share price of $6.34, this results in projected dividend yields of 5.8% and 6.3%, respectively. IPH's consistent performance and global footprint contribute to its attractiveness as a dividend stock.
Rural Funds Group (ASX:RFF)
Rural Funds Group is a property company with a diverse portfolio of agricultural assets, including almond and macadamia orchards, vineyards, water entitlements, cattle, and cropping assets. The company leases these assets to corporate and institutional tenants.
Forecasts for Rural Funds Group suggest dividends of 11.7 cents per share for FY 2025 and 12.2 cents per share for FY 2026. With the share price currently at $2.12, this translates to expected dividend yields of 5.5% and 5.75%, respectively. The company's broad agricultural portfolio and stable income from long-term leases underpin its strong dividend potential.
For investors seeking robust dividend yields, Healthco Healthcare and Wellness REIT (ASX:HCW), IPH Ltd (ASX:IPH), and Rural Funds Group (ASX:RFF) present compelling options. Each of these stocks offers yields exceeding 5%, driven by their unique business models and strategic advantages. As always, considering these stocks as part of a diversified investment strategy can help achieve long-term income goals.
