
As investors search for reliable income sources, analysts have highlighted two standout ASX dividend stocks to consider this month. These stocks, IVE Group Ltd and Treasury Wine Estates Ltd, have garnered attention for their strong fundamentals and promising dividend yields.
IVE Group Ltd: A Leader in Marketing Communications
IVE Group Ltd (ASX: IGL) is being touted as a top dividend stock by analysts at Bell Potter. As Australia’s largest integrated marketing communications company, IVE Group holds leading positions across various sectors. The company’s diverse operations span logistics, creative services, integrated marketing, and web offset printing, among others.
Bell Potter’s confidence in IVE Group stems from its robust business model and consistent dividend payouts. The broker notes:
“Over the past 20 years or so, IVE has expanded organically into logistics, creative services, integrated marketing, and web offset printing, and through acquisition into data-driven communications, retail display, premiums and merchandising, marketing automation, distribution, and digital catalogues. The result is a diversified, resilient business which has supported a consistently high dividend yield and a strong balance sheet to pursue further growth opportunities.”
For the fiscal years 2025 and 2026, Bell Potter forecasts fully franked dividends of 18 cents per share, translating to a 6% yield based on the current share price of $3.01. The analysts have assigned a buy rating and a price target of $3.15 on IVE Group’s shares.
Treasury Wine Estates Ltd: Navigating Challenges with Strategic Moves
Meanwhile, Treasury Wine Estates Ltd (ASX: TWE) is another stock that analysts at Morgans believe could offer attractive dividends. Despite facing challenging trading conditions, Morgans suggests that these difficulties are already reflected in the stock’s current valuation.
The company has recently unveiled a new divisional operating model, comprising Penfolds, Treasury Americas, and Treasury Collective, along with updates on its business performance. Morgans explains:
“TWE has released its new divisional operating model and a further update on its business performance. FY25 guidance was reiterated. In FY26, TWE is targeting further earnings growth, albeit more modest than its previous targets, particularly for Treasury Americas. An up to 5% share buyback was also announced. We have revised our forecasts. While not without risk given industry and macro headwinds, TWE’s trading multiples look far too cheap (FY25/26 PE of only 13.6/12.6x) and we maintain a BUY rating. However, we recognise the stock is lacking near-term catalysts and therefore patience is required given a material rerating may take time to eventuate.”
For FY 2025 and FY 2026, Morgans anticipates partially franked dividends of 39.5 cents and 42.3 cents per share, respectively. With a current share price of $7.96, these dividends imply yields of 5% and 5.3%. Morgans maintains a buy rating with a price target of $10.25 for TWE’s shares.
Implications for Investors
These recommendations come at a time when investors are increasingly seeking stable income sources amid market volatility. The strong dividend yields and strategic positioning of IVE Group and Treasury Wine Estates highlight their potential as reliable income-generating investments.
IVE Group’s diversified business model and consistent dividend history make it an attractive option for those looking for stability and growth. On the other hand, Treasury Wine Estates’ strategic restructuring and potential for earnings growth, despite current challenges, offer a compelling case for patient investors willing to ride out short-term volatility.
As the market evolves, investors will need to weigh these factors carefully, considering both the potential risks and rewards. With expert endorsements and strategic moves, these ASX dividend stocks present intriguing opportunities for those seeking to bolster their portfolios with income-generating assets.