UPDATE: Two ASX dividend shares are making headlines today as brokers predict substantial yields between 7% and 9% for income investors. As the market shifts, savvy investors are urged to consider these opportunities immediately.
Dexus Convenience Retail REIT (ASX: DXC) has emerged as a top pick for income generation this month. Analysts at Bell Potter highlight the company’s strong fundamentals in the service station and convenience retail sectors. The REIT is well-positioned to deliver defensive and growing earnings, with a current share price of $3.02. Bell Potter forecasts dividends of 20.9 cents per share in FY 2026 and 21.6 cents per share in FY 2027, translating to impressive yields of 6.9% and 7.15% respectively.
The firm has set a price target of $3.45 on DXC shares, emphasizing its potential for growth. The REIT trades at a 15.5% discount to its net tangible assets (NTA), which adds to its appeal for investors seeking value alongside strong returns.
In another promising development, IPH Ltd (ASX: IPH) is gaining attention from Morgans, which believes that this intellectual property firm could be an ideal buy. Although IPH’s performance in FY 2025 was modest, with flat revenue and a 4% decline in EBITDA, the outlook for FY 2026 is improving. Morgans notes that challenges faced in various regions are stabilizing, suggesting a potential recovery.
Morgans projects fully franked dividends of approximately 37 cents per share for FY 2026 and FY 2027, which means investors could see yields as high as 8.7% based on the current share price of $4.24. With a buy rating and a price target of $6.05, IPH offers a compelling case for income-focused investors looking for reliable returns.
Both companies are well-positioned to deliver attractive dividend yields, making them essential additions for anyone looking to enhance their income portfolio. Investors are advised to act quickly as market conditions can shift rapidly, affecting dividend payouts and share prices.
Stay tuned for updates as these stocks continue to show potential for growth and income in a fluctuating market.
