For those looking to enhance their income portfolios with ASX dividend shares, several options are currently attracting attention. Here is a look at four notable ASX dividend stocks that are expected to provide attractive yields:
Aurizon Holdings Ltd (ASX: AZJ)
Aurizon Holdings, a major rail freight operator in Australia, is known for its extensive network that transports a variety of commodities, including mining, agricultural, industrial, and retail products. Analysts are optimistic about Aurizon’s future, driven by anticipated continued demand for coal in China and India. For FY 2024, Aurizon is projected to offer partially franked dividends of 18.6 cents per share, which could increase to 24.4 cents per share in FY 2025. Based on the current share price of $3.58, this translates to dividend yields of 5.2% and 6.8% for the respective years.
Centuria Industrial REIT (ASX: CIP)
Centuria Industrial REIT stands out as Australia's largest domestic pure play industrial property investment company. Analysts have a positive outlook on Centuria Industrial, forecasting dividends of 16 cents per share for both FY 2024 and FY 2025. At the current share price of $3.17, this yields 5% in both years.
Charter Hall Retail REIT (ASX: CQR)
Charter Hall Retail REIT focuses on supermarket-anchored neighborhood and sub-regional shopping center markets. The company is expected to benefit from inflation-linked rental increases, which are anticipated to support dividends of 25 cents per share in both FY 2024 and FY 2025. With the current share price at $3.32, this results in a yield of 7.5%.
Super Retail Group Ltd (ASX: SUL)
Super Retail Group, a retail conglomerate operating brands such as BCF, Supercheap Auto, Macpac, and Rebel, is recognized for its resilience in a cost-conscious consumer environment. The company is expected to deliver fully franked dividends of 67 cents per share in FY 2024 and 73 cents per share in FY 2025. At the current share price of $14.72, these dividends represent yields of 4.6% and 5%, respectively.
These ASX dividend shares are generating interest for their potential to provide steady income through attractive dividend yields, making them worth considering for income-focused investment strategies.