As interest rates are projected to decrease further in 2026, analysts are highlighting a selection of high-yield dividend shares on the Australian Securities Exchange (ASX). According to research from Bell Potter, three companies stand out for their potential growth and attractive dividend yields this November.
Accent Group Ltd Positioned for Growth
Accent Group Ltd (ASX: AX1), a leading footwear retailer known for brands like HypeDC and The Athlete’s Foot, is receiving attention from Bell Potter for its strong investment potential. The firm has assigned a buy rating with a price target of $1.80. This suggests nearly a 50% upside from its current share price of $1.21.
In terms of dividends, Bell Potter anticipates fully franked distributions of 7.8 cents per share for the financial year 2026, increasing to 9.2 cents per share in 2027. These forecasts translate to dividend yields of 6.4% and 7.6%, respectively, making Accent Group a compelling choice for income-focused investors.
Harvey Norman Holdings Ltd Continues to Impress
Another strong contender is Harvey Norman Holdings Ltd (ASX: HVN), an electronics retailer noted for its robust cash generation and extensive property portfolio. Bell Potter has also issued a buy rating for Harvey Norman, with a price target of $8.30, indicating a potential upside of 13% over the next year.
Investors have benefited from significant fully franked dividends in recent years, and this trend is expected to persist. For FY 2026, Bell Potter projects dividends of 30.9 cents per share, rising to 35.3 cents per share in FY 2027. Based on its current share price of $7.33, these figures represent dividend yields of 4.2% and 4.8%, respectively.
Rural Funds Group Offers Unique Investment Exposure
The Rural Funds Group (ASX: RFF) is another investment option favored by analysts. This company offers exposure to farmland, encompassing diverse agricultural assets such as cattle, cropping, vineyards, and orchards. Its properties are leased to established agricultural operators under long-term contracts that include inflation-linked rent increases.
Bell Potter has issued a buy rating for Rural Funds Group with a price target of $2.45, indicating potential upside of 28% for investors over the coming year. The firm expects the company to maintain a dividend of 11.7 cents per share for both FY 2026 and FY 2027. Given the current share price of $1.91, this yields 6.1% for each year.
Investors considering these ASX dividend shares should assess their long-term strategy and consider the potential risks and rewards associated with each option. With promising forecasts and established market positions, these companies may offer lucrative opportunities for those seeking to enhance their investment portfolios.
