Looking for big ? Then check out these ASX dividend shares listed below. As well as potentially being undervalued, analysts are tipping them to provide larger than average yields in the near term. Let's see what they are forecasting from these shares: ( ) The first ASX dividend stock that analysts are tipping as a buy is Eagers Automotive.
It is the leading automotive retail group in the Australia and New Zealand region with a proud history stretching back over a century. The team at Morgans remains positive on the company the tough trading conditions it is facing this year. In fact, it thinks that significant share price weakness has created a compelling buying opportunity for income investors.
The broker recently put an add rating and $14.35 price target on its shares. As well as plenty of upside, its analysts are expecting big yields.
They are forecasting fully franked dividends of 72.7 cents per share in FY 2024 and then 74 cents per share in FY 2025. Based on its current share price of $10.
21, this represents dividend yields of 7.1% and 7.25%, respectively.
( ) Another ASX dividend stock that could provide big dividend yields is GDI Property. It is a property owner and fund manager with investments in Greater Sydney, Brisbane, Perth, South East Queensland, and North Queensland. Bell Potter sees a lot of value in its shares at current levels.
The broker has a buy rating and 75 cents price target on its shares. As for that all-important income, the broker is forecasting di.
