Analysis of the company dividend policy

Dividend policy has always been a baffling problem of financial management . In theoretical circles there are two schools about dividend policy : relevant dividend view and irrelevant dividend view . Compared with irrelevant dividend view , relevant dividend view is more popular in theoretical circles , which is restrained by less limitations and supported by positive research accomplishments . Combined with the character of dividend allocation and cost system in listed companies in China , the author puts forward some ideas about dividend policy in this essay .