Why these ASX 200 shares could be excellent picks for a retirement portfolio

Are you looking for some retirement portfolio options this month? If you are, then you may want to look at the two ASX 200 shares listed below.

That's because analysts believe that these shares have solid business models, positive outlooks, and the potential to provide decent income.

They have also recently been named as buys. Here's why these shares could be top options for retirees:

Centuria Industrial Reit (ASX: CIP)

The first ASX 200 retirement share for investors to consider buying is Centuria Industrial. It is an industrial-focused property company.

Centuria Industrial owns a portfolio of high quality industrial assets that has been constructed with the aim of delivering consistent income and capital growth to investors.

The company highlights that its portfolio is heavily weighted to areas of the economy that are in demand from tenants. This includes properties linked to the production, packaging, and distribution of consumer staples, telecommunications and pharmaceuticals.

Among its 89 high-quality, fit-for-purpose industrial assets are data centres, distribution centres, and transport logistics.

One leading broker that is positive on Centuria Industrial's outlook is UBS. It currently has a buy rating and $3.55 price target on its shares. The broker is also forecasting dividend yields of 4.8% in FY 2025 and then 5.1% in FY 2026.

Collins Foods Ltd (ASX: CKF)

Another ASX 200 share for investors to consider buying for a retirement portfolio is Collins Foods.

It is one of the largest operators of KFC restaurants in Australia. In addition, it has a growing presence in Europe, as well as a growing network of Taco Bell restaurants across Australia.

But management isn't settling for this. It continues to see plenty of room to grow its restaurant network both at home and abroad. This should be supportive of earnings and dividend growth over the remainder of the decade.

It is partly for this reason that Morgan Stanley is tipping its shares as a buy. The broker currently has an overweight rating and $11.00 price target on them, which implies potential upside of 30% for investors over the next 12 months.

Another positive is that the broker is forecasting modest but decent dividend yields from its shares in the near term. It has pencilled in fully franked dividends per share of 22.4 cents in FY 2025 and then 26.6 cents in FY 2026. Based on its current share price, this will mean yields of 2.65% and 3.15%, respectively.

The post Why these ASX 200 shares could be excellent picks for a retirement portfolio appeared first on The Motley Fool Australia.

Motley Fool contributor James Mickleboro has positions in Collins Foods. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Collins Foods. 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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