Connect with us

Business

Brokers name 2 ASX dividend shares to buy

Published

on

young woman reviewing financial reports at desk with multiple computer screens

Image Source: Getty Images

If you’re an income investor looking for some new options for your portfolio, then you might want to take a look at the shares listed below.

Here’s why brokers believe they are in the buy zone:

Goldman Sachs is very bullish on the Coles share price at the current level. The broker currently has a buy rating and $19.40 price target on its shares. This implies potential upside of 17% over the next 12 months excluding dividends.

In respect to dividends, Goldman Sachs is expecting Coles to pay fully franked dividends of 62 cents per share in FY 2021 and then 67 cents per share in FY 2022. Based on the current Coles share price, this will mean yields of 3.75% and 4%, respectively, over the next…



Click here to view the original article.

Continue Reading
Advertisement

You might also like ...

Article feature image
NT declares hotspots in south-east Queensland council areas entering lockdown – ABC News
2 small cap ASX shares that this broker rates as buys