股利政策关系到一个公司的长远发展,它一直是一个公司的核心财务问题,并且很难处理。从企业生命周期视角来探讨上市公司股利政策的选择问题,首先明确生命周期包括哪几个重要阶段并阐述各阶段的识别方法,然后分析各股利政策的优缺点,最后结合生命周期各阶段企业所呈现出的财务特征来确定企业的最佳股利政策。 Dividend policy relates to the long-term development of a company, it has always been a company’s core financial problems, and difficult to deal with. From the perspective of the life cycle of enterprises, this paper discusses the choice of dividend policy of listed companies. First, it clarifies which phases of the life cycle are included and describes the methods of identifying each stage, and then analyzes the advantages and disadvantages of each dividend policy. Finally, Showing the financial characteristics to determine the best corporate dividend policy.