For investors seeking regular income, some stocks offer the advantage of quarterly dividends. While many ASX-listed dividend shares provide payouts biannually, a select few distribute dividends every three months. Analysts are currently highlighting three such stocks that stand out for their consistent returns.
1. Dexus Industria REIT (ASX: DXI)
Dexus Industria REIT focuses on industrial warehouse properties and provides its shareholders with a quarterly dividend. In FY 2024, the company distributed 4.1 cents per share each quarter. According to Morgans, this trend is expected to continue, culminating in a total annual dividend of 16.4 cents per share. For FY 2025, Dexus Industrial is projected to increase its dividend slightly to 16.6 cents per share.
With the current share price at $2.85, the expected dividend yields for FY 2024 and FY 2025 are 5.75% and 5.8%, respectively. Morgans has set a target price of $3.18 for Dexus Industria REIT, reflecting confidence in its continued performance.
2. Healthco Healthcare and Wellness REIT (ASX: HCW)
Healthco Healthcare and Wellness REIT invests in a range of healthcare-related properties, including hospitals and aged care facilities. The company also offers quarterly dividends. Bell Potter forecasts a dividend of 2 cents per share each quarter for FY 2024, totaling 8 cents per share for the year. This is expected to rise to 8.3 cents per share in FY 2025.
With the current unit price at $1.14, the projected dividend yields are 7% for FY 2024 and 7.3% for FY 2025. Bell Potter has set a price target of $1.50 for Healthco Healthcare and Wellness REIT, underscoring its positive outlook on the stock.
3. Rural Funds Group (ASX: RFF)
Rural Funds Group manages a portfolio of agricultural assets and offers quarterly dividend payments. Bell Potter anticipates the company will pay out 11.7 cents per share in both FY 2024 and FY 2025. At the current share price of $2.04, this translates to a yield of 5.7%.
Bell Potter has assigned a target price of $2.40 for Rural Funds Group, suggesting an optimistic view on its future performance.
These stocks represent opportunities for investors interested in regular dividend income. Each company's quarterly payouts reflect their strong financial health and commitment to rewarding shareholders.