A new month is on the horizon, so what better time to consider some changes to your income portfolio? But which ASX dividend stocks could be good options in October? Let's take a closer look at three stocks that could be quality picks next month. They are as follows:

Dexus Industria REIT (ASX: DXI)

Dexus Industria could be a top ASX dividend stock to buy in October. It is an Australian real estate investment trust which is primarily invested in high-quality industrial warehouses. At the last count, the fund's investment property portfolio was valued at $1.4 billion and was located across the major Australian cities. The company is well-placed to reward investors with handsome dividend payments thanks to its positive rental growth outlook. It said

The portfolio's WALE is around 6 years and occupancy is 97.5%. Across the portfolio, 50% of leases are linked to CPI with the balance on fixed increases between 3-3.5%. While we expect cap rates to expand further in the near term, DXI's industrial portfolio remains robust with the outlook positive for rental growth. The development pipeline also provides near and medium-term upside potential and post asset sales there is balance sheet capacity to execute. Morgans expects this to allow the company to pay dividends per share of 16.4 cents in FY 2025 and then 16.8 cents in FY 2026. Based on its current share price of $2.81, this will mean dividend yields of 5.8% and 6%, respectively. Morgans currently has an ad rating and a $3.16 price target on its shares.

Origin Energy Ltd (ASX: ORG)

This energy giant could be a top ASX dividend stock to buy right now and some analysts at Goldman Sacha believe that they are a stock to hold in the coming months. The diversity of its earnings, its robust free cash flow generation, and its gas supply portfolio and flexible power-firming fleet. The electricity markets will remain volatile where ~50% of FY25E EBITDA from APLNG should reduce risk while supporting a strong 9% FCF yield and 6% dividend yield. 

• Standout gas supply portfolio and flexible power firming fleet: ORG operates the National Electricity Market's (NEM) largest gas generation fleet at 3 GW which will become increasingly important to firm renewable generation while maintaining an A$10/GJ cost of gas supply which should support margin expansion or market share gain. 

• Growth opportunity through Octopus & Kraken: Octopus' valuation has already increased 600% since ORG's initial investment in 2020, which we expect could continue to grow over 20% in FY25 as contracted Kraken accounts growth drives 30% EBITDA growth.

• As for dividends, Goldman is forecasting fully franked dividends per share of 60 cents in FY 2025 and then 59 cents in FY 2026. Based on its current share price of $9.83, this would mean dividend yields of 6.1% and 6%, respectively. The broker currently has a buy rating and a $10.75 price target on its shares.

WAYPOINT (ASX: WPR)

Waypoint REIT Ltd, listed on the ASX under the ticker WPR, is Australia's largest real estate investment trust (REIT) focused exclusively on service station and convenience retail properties. The company boasts a portfolio valued at approximately AUD 3 billion, with around 80% of its assets located in major urban centers, and a significant portion of its rental income derived from ASX-listed Viva Energy. Notably, about 90% of its leases are structured as triple net leases, where tenants are responsible for all property outgoings. 

As of the latest trading data, Waypoint REIT's share price stands at approximately AUD 2.30, reflecting a decline of about 12.55% over the past year. This performance indicates that the stock has significantly underperformed relative to the ASX All Ordinaries Index, which has seen a comparative increase. The company's market capitalization is around AUD 1.55 billion, and it has a trailing dividend yield of 7.17%, with a total dividend payout of AUD 0.16 over the last year.

Financially, Waypoint REIT reported revenues of AUD 164.3 million for the last twelve months, but it also recorded a net loss of AUD 79.1 million, indicating challenges in profitability despite high gross margins of 93.85%. The company's price-to-earnings (P/E) ratio is currently at 13.94, suggesting a moderate valuation compared to its earnings potential. Analysts maintain a consensus target price of AUD 2.55 for the stock, indicating a potential upside from its current trading level. Overall, while Waypoint REIT has a strong asset base and a solid dividend yield, its recent share price performance and financial losses highlight the challenges it faces in the current market environment. 

In October, these three stocks could outperform having shared dividends recently. While that is not the only sign of a company's health, it suggests that these stocks have the potential to outperform in the coming months, driven by a mix of solid fundamentals, good prospects, and a growing market for most of these stocks. Furthermore, while they perform differently when looking at the share price, their revenue growth has been good enough to warrant dividend payouts.