Pleasingly for income investors, there are plenty of ASX dividend stocks to choose from on the Australian market. But which ones could be buys this week? Let's take a look at three that brokers are currently tipping as top buys. Here's what they are recommending: ( ) The team at Goldman Sachs thinks that Endeavour Group could be an ASX dividend stock to buy right now.
It is the leader in the Australian alcohol retail market through its store brands Dan Murphy's and BWS. The company also owns ALH Hotels, which is the owner of over 350 licensed venues across the country. The broker likes Endeavour due to its market leadership position and the defensive nature of the alcohol retail market.
As for income, it is forecasting fully franked dividends of 22 cents per share in FY 2025 and then 24 cents per share in FY 2026. Based on the current Endeavour share price of $4.94, this will mean of 4.
5% and 4.9%, respectively. Goldman Sachs has a buy rating and $6.
20 price target on its shares. ( ) Over at Bell Potter, its analysts are tipping this alternative investment management company's shares as a buy. The broker believes that Regal Partners' shares are undervalued at current levels, particularly given its strong investment performance.
In respect to dividends, Bell Potter is forecasting fully franked dividends per share of 16.5 cents in FY 2024 and then 19.5 cents in FY 2025.
Based on its current share price of $3.61, this represents dividend yields of 4.6% and 5.
4%, respectively. Th.
