2 quality ASX dividend stocks seen as buys by brokers

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Investors looking for dividend options may want to check out the two ASX stocks listed below.

Both of these ASX dividend stocks have recently been viewed as buys with attractive forward yields. Here’s why analysts are optimistic:

Charter Hall Social Infrastructure REIT (ASX: CQE)

The first ASX dividend stock to look at is the Charter Hall Social Infrastructure REIT.

It is a real estate investment trust focused on social infrastructure such as bus depots, police and justice service facilities and child care centres. Demand has been so strong for these properties that the company is reporting 100% occupancy and a weighted average lease term of 14.6 years.

Goldman Sachs is a very big fan of the company. He currently has a conviction buy rating and a price target of $4.24 on his shares.

We are making no changes to our investment thesis or buy rating (on CL) and continue to believe the REIT is positioned for strong growth prospects given the sector’s positive fundamentals and strong balance sheet. CQE with sufficient headroom and liquidity to pursue investment opportunities, especially the government of assets.

The broker also expects generous dividends in the coming years. It projects dividends per share of 17.2 cents in fiscal 2022 and 18.3 cents in fiscal 2023. Based on its current price of $3.68, that implies yields of 4.7% and 5%, respectively.

QBE Insurance Group Ltd. (ASX: QBE)

Another ASX dividend share that could be in the buy zone right now is insurance giant QBE.

The Morgans team is very positive about the company due to its cheap valuation, cost-cutting plans and positive rate outlook.

Morgans currently has an added rating and a price target of $14.76 on the company’s stock. The broker commented:

With strong rate increases in QBE’s insurance portfolio and other cost benefits to come, we expect QBE’s earnings profile to improve significantly over the next few years. The stock also has a strong balance sheet and remains relatively inexpensive overall on ~14x FY22F PE.

Regarding dividends, its analysts have forecast a dividend of 41.4 cents per share in fiscal 2022, followed by a dividend of 66.3 cents per share in fiscal 2023. Based on the QBE’s last stock price of $11.73, this equates to returns of 3.55% and 5.7%. %, respectively

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