If you have room in your income portfolio for some new additions and money to invest into the share market, then read on.

That's because analysts at Bell Potter have just named a couple of ASX dividend shares as best ideas for this month.

Both offer decent upside and attractive dividend yields according to the broker. Here's what its analysts are saying about them:

IVE Group Ltd (ASX: IGL)

The first ASX dividend share that could be a buy according to the broker is IVE Group.

It is Australia's largest integrated marketing communications business with leadership positions across every sector in which the company operates.

The broker highlights that the company has a diversified and resilient business, which it believes has positioned it to pay big dividends in the coming years. It explains:

Over the past 20 years or so 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.

As for income, the broker is forecasting fully franked dividends of 18 cents per share in both FY 2025 and FY 2026. Based on its current share price of $2.58, this equates to 7% dividend yields.

Bell Potter has a buy rating and $2.80 price target on its shares.

Universal Store Holdings Ltd (ASX: UNI)

Another ASX dividend share that could be a buy according to the broker is Universal Store. It is a youth fashion retailer with a growing store network.

Bell Potter believes the company's valuation is attractive given its strong earnings and dividend growth outlook. It said:

Universal Store Holdings is a leading youth focused apparel, footwear and accessories retailer in Australia. UNI will continue to increase store numbers over the next few years, supporting earnings growth of 14% p.a. over (FY25-27). Valuation looks attractive, trading on a fwd P/E of ~14x. UNI is a quality small cap (ROE ~25%) that is executing on its rollout strategy.

Bell Potter is forecasting fully franked dividends per share of 34.6 cents in FY 2025 and then 36.6 cents in FY 2026. Based on its current share price of $7.84, this equates to dividend yields of 4.4% and 4.7%, respectively.

Bell Potter currently has a buy rating and $10.50 price target on the company's shares.