The good news for income investors is that there are plenty of ASX dividend stocks to choose from on the Australian market. But which ones could be top buys when the market reopens? Let's take a look at three that brokers are currently tipping as top picks. Here's what they are recommending: ( ) The first ASX dividend stock that is being tipped as a buy is Centuria Industrial.
It is a leading industrial property investment company with a portfolio filled with high-quality properties across the country. The team at UBS is positive on the company and has a buy rating and $3.80 price target on its shares.
This bullish recommendation is underpinned by Centuria Industrial's positive outlook due to the strong demand for industrial property. As for dividends, the broker is forecasting Centuria Industrial to pay dividends per share of 16 cents in FY 2025 and then 17 cents in FY 2026. Based on the current Centuria Industrial share price of $3.
02, this represents of 5.3% and 5.6%, respectively.
( ) Bell Potter thinks that income investors should be buying this alternative investment management company's shares when the market reopens. The broker believes that Regal Partners' shares are undervalued at current levels, particularly given its strong investment performance. So much so, it recently put a buy rating and $4.
75 price target on them. In addition, Bell Potter is forecasting some attractive dividend yields in the near term. It has pencilled in fully franked dividends per share of .