2 top ASX dividend shares to buy today

Brokers say that these are top options for income investors.

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Fortunately for income hunters, there are a lot of ASX dividend shares to choose from.

But two that brokers think could be top buys right now are listed below. Here’s why they say these could be dividend shares to buy:

Centuria Industrial REIT (ASX: CIP)

The first ASX dividend share that could be a buy is Centuria Industrial.

It is Australia’s largest domestic pure-play industrial REIT with a portfolio of high-quality industrial assets situated in urban infill locations throughout Australia.

Macquarie is positive on the company. This is due to its preference for industrial property in the current environment.

Its analysts are expecting Centuria Industrial to pay dividends per share of ~16 cents in both FY 2023 and FY 2024. Based on the current Centuria Industrial share price of $3.12, this represents yields of ~5.1% in both financial years.

The broker has an outperform rating and a $3.32 price target on its shares.

HomeCo Daily Needs REIT (ASX: HDN)

Another ASX dividend share to look at is HomeCo Daily Needs.

It is a property investment company with a focus on convenience-based assets. These are properties found across neighbourhood retail, large format retail, and health and services. Essentially, they are properties that are daily needs for the Australian population.

UBS is positive on the company. It likes HomeCo Daily Needs due to its long weighted average lease expiry, low rents, and defensive tenant mix.

The broker expects this to support dividends per share of 8 cents in both FY 2023 and FY 2024. Based on the current HomeCo Daily Needs share price of $1.15, this will mean yields of 7% in both financial years.

Its analysts currently have a buy rating and a $1.36 price target on its shares.

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 positions in and has recommended Macquarie Group. The Motley Fool Australia has positions in and has recommended Macquarie Group. The Motley Fool Australia has recommended HomeCo Daily Needs REIT. 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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