股利政策一直是众多投资者关注的焦点,更是理财学工作者研究的重点。股利政策不仅仅是公司的分配政策,它还关系到公司的再融资政策甚至是投资决策。因此研究股利政策对投资者决策有着重大的指导意义。本文以信息技术业为研究的出发点,研究了权益资本成本与股利支付率和股利支付额的关系。 Dividend policy has been the focus of many investors, but also the focus of the study of financial science workers. Dividend policy is not just the company’s distribution policy, it is also related to the company’s refinancing policy and even investment decisions. Therefore, the study of dividend policy has great guiding significance for investors’ decision-making. In this paper, the information technology industry as the starting point for research, the relationship between the cost of equity capital and dividend payout ratio and dividend payout.