3 of the best ASX dividend stocks to buy now

Looking for some quality ASX dividend shares to buy for your portfolio this month?

If so, check out the three stocks below that analysts think are the best to buy right now.

Here’s what you need to know about them:

Healthco Healthcare and Wellness REIT (ASX: HCW)

The team at Bell Potter are very positive about Healthco Healthcare and Wellness REIT and consider it one of the best ASX dividend shares to buy right now.

Healthco Healthcare and Wellness REIT is a real estate company focused on healthcare and wellness assets. This includes assets such as hospitals, retirement homes and primary care properties.

Bell Potter expects to be able to pay a dividend per share of 8 cents in fiscal 2024 and then 8.3 cents in fiscal 2025. Based on the current Healthco Healthcare and Wellness REIT unit price of $1.13, these represent dividend yields of 7.1% and 7.35%, respectively.

The broker currently has a buy rating and a $1.50 price target on its shares.

Analysts at Morgans think agribusiness company Elders could be an ASX dividend stock to buy now, so much so that it put Elders on its top ideas list this month.

The broker stresses that “the outlook for FY25 looks more positive and there are many growth plans in place that will drive strong earnings growth in the coming years, and therefore ELD is a key pick for us.”

Morgans forecasts fully franked dividends of 26 cents per share in fiscal 2024 and then 38 cents per share in fiscal 2025. Based on Elders’ current share price of $9.10, these represent yields of 2.9% and 4.2% respectively.

SRG Global Ltd (ASX: SRG)

A third ASX dividend share that could be a top buy right now is SRG Global. It is a diversified industrial services group that provides multi-disciplined construction, maintenance, production drilling and geotechnical services.

Bell Potter is positive, stressing that the company’s “short to medium-term prospects are strengthened by government-stimulated construction activity.”

The broker expects this to form the basis for fully franked dividends of 4.7 cents in FY2024 and then 6.7 cents in FY2025. Based on the current share price of 89 cents, this will imply dividend yields of 5.3% and 7.5% respectively.

Bell Potter has a buy rating and a $1.30 price target on its shares.