Experts Recommend Buying These ASX Dividend Shares

Experts Recommend Buying These ASX Dividend Shares

Investors often face challenges when selecting ASX dividend shares due to the vast array of options. To simplify this process, we highlight two stocks that experts currently recommend.

Top ASX Dividend Shares to Consider

Amcor Limited (ASX: AMC)

Amcor, a major player in the packaging industry, is being strongly recommended by the brokerage firm Morgans. The firm is optimistic following Amcor’s confirmation of its synergy targets and earnings guidance for fiscal year 2026.

  • Current Share Price: $63.86
  • Target Price: $76.00
  • Forecast Total Shareholder Return (TSR): 21%
  • Expected FY 2026 Dividend Per Share (DPS): $4.01
  • Expected FY 2027 DPS: $4.09
  • Dividend Yield FY 2026: 6.3%
  • Dividend Yield FY 2027: 6.4%

Morgans maintains a buy rating for Amcor’s shares due to low earnings multiples. The positive outlook is further supported by the company’s solid performance in the first quarter of FY26 and the upcoming release of its half-year result in early February.

Endeavour Group Ltd (ASX: EDV)

Bell Potter has spotlighted Endeavour Group, the owner of BWS and Dan Murphy’s, as a potential buy for dividend investors. The brokerage believes that a strategic recalibration could ignite growth after recent challenges.

  • Current Share Price: $3.77
  • Target Price: $4.00
  • Projected FY 2026 Fully Franked Dividend: 15 cents per share
  • Projected FY 2027 Fully Franked Dividend: 19 cents per share
  • Dividend Yield FY 2026: 4%
  • Dividend Yield FY 2027: 5%

Despite recent setbacks, Bell Potter holds a buy rating on Endeavour’s shares. The adjusted expectations following the reset in retail gross margins have improved outlooks, suggesting potential for growth.

These recommendations from Morgans and Bell Potter highlight opportunities in the ASX for investors seeking solid dividend shares. With careful consideration of market conditions, now may be an opportune time to explore these investments further.