These are the ASX 200 dividend shares to buy: analysts

These ASX 200 dividend shares are highly rated…

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Are you looking for dividend shares to buy? If you are, then the two listed below could be quality options.

Analysts have recently rated these ASX 200 dividend shares as buys. Here's what you need to know about them:

Australian dollar notes inside the pocket on jeans, symbolising dividends.

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Coles Group Ltd (ASX: COL)

The first ASX dividend share that analysts rate as a buy is supermarket operator Coles.

It has been named as a buy by analysts at Morgans. The broker was pleased with the company's first quarter update, noting that it was slightly ahead of expectations.

It also highlights that its "sales, volumes and transactions strengthened through 1Q23 and has continued into 2Q23."

In light of this, the broker has retained its add rating on its shares with a slightly trimmed $19.50 price target.

As for dividends, the broker is now forecasting a 64 cents per share dividend in FY 2023 and a 66 cents per share dividend in FY 2024. Based on the current Coles share price of $16.44, this will mean yields of 3.9% and 4%, respectively, for investors.

Super Retail Group Ltd (ASX: SUL)

Another ASX 200 dividend share that has been tipped as a buy is Super Retail.

Last week, the retailer behind the Rebel and Super Cheap Auto brands released a trading update and revealed like for like sales growth of 20% for the first 16 weeks of FY 2023.

This update went down well with analysts at Citi, particularly given that its "gross margins are stable and in line" with expectations.

As a result, the broker retained its buy rating and $13.50 price target on the company's shares.

In respect to dividends, Citi continues to forecast fully franked dividends per share of 71 cents in FY 2023 and 66 cents in FY 2024. Based on the latest Super Retail share price of $10.42, this will mean yields of 6.8% and 6.3%, respectively.

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Super Retail Group Limited. The Motley Fool Australia has positions in and has recommended COLESGROUP DEF SET and Super Retail Group Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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