3 ASX dividend shares rated as buys by brokers // Motley Fool Australia

It can be an interesting insight to know what brokers think of an ASX dividend share. The problem is that a single broker can be wrong or biased.

If you can get a consensus among brokers about which shares are best, then that may give a clue about what to buy and what to avoid.

Every so often MarketIndex collates the broker recommendations of 150 ASX shares and totals the buys, holds and sells for those shares. The higher or lower the average score the more of a strong buy, buy, hold, sell or strong sell that share is rated.

MarketIndex cautioned that a high dividend yield can indicate a falling share price or limited growth prospects.

Here are three of the ASX dividend shares rated as buys by brokers:

Charter Hall Social…