Analysts say these ASX dividend shares are buys
There are a lot of options for income investors to choose from on the Australian share market.
So many, it can be hard to decide which ones to buy over others.
To narrow things down, let's take a look at two ASX dividend shares that analysts are recommending to clients. They are as follows:
Flight Centre Travel Group Ltd (ASX: FLT)
Travel agent giant Flight Centre could be an ASX dividend stock to buy according to analysts at Morgans.
The broker believes that it is worth sticking with the company through the current tough trading conditions. This is because when operating conditions finally improve, it could be onwards and upwards for the company and its share price.
Commenting on Flight Centre, Morgans said:
FLT's FY25 result was broadly in line with its recent update. Corporate was weaker than expected while Leisure and Other were stronger. FLT's guidance for a flat 1H26 was stronger than we expected however it was weaker than consensus. Earnings growth is expected to accelerate in the 2H26 from an improvement in macro-economic conditions and internal business improvement initiatives. We have made minor upgrades to our forecasts. We are buyers of FLT during this period of short-term uncertainty and share price weakness because when operating conditions ultimately improve, both its earnings and share price leverage to the upside will be material.
In respect to income, Morgans is forecasting fully franked dividends of 51 cents per share in FY 2026 and then 58 cents per share in FY 2027. Based on the current Flight Centre share price of $12.15, this would mean dividend yields of 4.2% and 4.8%, respectively.
Morgans has a buy rating and $15.65 price target on its shares.
GDI Property Group Ltd (ASX: GDI)
Another ASX dividend share that analysts are bullish on is GDI Property Group.
It is an integrated, internally managed commercial property investor with a focus on the ownership, management, development, refurbishment, leasing, and syndication of assets.
The team at Bell Potter highlights that its shares are trading at a deep discount to its net tangible assets and feels that this has created a buying opportunity. It said:
No change to our Buy recommendation. GDI continues to trade at a significant -41% discount to NTA which reflects no value for its FM OpCo, and while the Perth office market recovery could be a 'slow burn' with early leasing wins working through for GDI, we do still see upside from current levels which drops straight through to FFO gains
As for income, the broker is forecasting dividends of 5 cents per share in both FY 2026 and FY 2027. Based on its current share price of 66 cents, this would mean dividend yields of 7.6% for both years.
Bell Potter currently has a buy rating and 85 cents price target on its shares.
The post Analysts say these ASX dividend shares are buys appeared first on The Motley Fool Australia.
Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Flight Centre Travel Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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