UPDATE: New reports reveal that two prominent ASX dividend stocks are projected to surge between 15% and 30% in the coming months, urging investors to act quickly. Analysts from Macquarie Group and Morgans have identified these stocks as prime candidates for income portfolios this September.
Qualitas Ltd (ASX: QAL) is among the highlighted picks. Analysts at Macquarie assert that QAL is positioned for significant growth, with a price target of $3.98, indicating a potential upside of 16% from its current price of $3.43. The firm, known for its robust investments in real estate across Australia, New Zealand, and the US, is expected to deliver 19% earnings per share (EPS) growth in fiscal year 2026. Macquarie forecasts fully franked dividends of 11.5 cents per share for FY 2026, rising to 13.2 cents in FY 2027, translating to attractive dividend yields of 3.4% and 3.8% respectively.
In addition, Treasury Wine Estates Ltd (ASX: TWE) has been marked as another solid investment. The wine giant, home to popular brands like Penfolds and Wolf Blass, is projected to rebound from recent market weakness. Morgans maintains a buy rating with a price target of $10.10, suggesting a potential rise of 32% within the next year. They anticipate partially franked dividends of 41 cents per share in FY 2026 and 46 cents in FY 2027, offering yields of 5.4% and 6% respectively.
The market is watching these developments closely, especially given the challenges in the industry and macroeconomic factors. The recent A$200 million share buyback from Treasury Wine is expected to provide additional support to its stock price.
As investors seek high-yield opportunities, the time to act is NOW. With analysts recommending these stocks based on their growth potential and dividend yields, those looking to enhance their portfolios should consider these insights carefully. The upcoming fiscal growth projections could significantly impact investment strategies for the remainder of 2023 and beyond.
Stay tuned for further updates on these promising ASX stocks, as the market dynamics continue to evolve.
