For income investors, the Australian market offers a range of ASX 300 dividend stocks. Below are three stocks that analysts recommend as potential buys this month, along with their expected dividends.
1. Accent Group Ltd (ASX: AX1)
Accent Group, a prominent leisure footwear retailer with brands like HypeDC, Stylerunner, and The Athlete’s Foot, is viewed favorably by analysts. Bell Potter has issued a buy rating on the stock, with a price target of $2.50. The broker expects Accent to deliver attractive fully franked dividends of 13.9 cents per share in FY 2025 and 15.8 cents in FY 2026. With the current share price at $2.21, this implies dividend yields of 6.3% and 7.15%, respectively.
2. BHP Group Ltd (ASX: BHP)
Mining giant BHP is another top pick for dividend investors, with operations across commodities like copper and iron ore. Morgans has rated BHP as an “add,” with a price target of $48.30. The broker forecasts fully franked dividends of approximately $2.09 per share in FY 2025 and $1.93 per share in FY 2026. With BHP’s current share price at $40.33, these dividends would translate to yields of 5.2% and 4.8%, respectively.
3. Super Retail Group Ltd (ASX: SUL)
Super Retail Group, the owner of brands such as BCF, Supercheap Auto, Macpac, and Rebel, is also viewed positively by Morgans, which has given it an “add” rating with a $19.79 price target. Morgans expects the retailer to pay fully franked dividends of 97 cents per share in FY 2025 and 103 cents per share in FY 2026. Based on its current share price of $17.99, these dividends offer yields of 5.4% and 5.7%, respectively.
These three stocks offer a blend of strong dividend yields and positive market outlooks, making them attractive choices for income-focused investors.
