摘  要:數十年來，西方股利政策理論得到了巨大的發展，已經形成了一套比較完善的理論體系。由于歷史的原因，我國財務學界對股利理論的研究比較匱乏。1990年末上海證券交易所的成立，揭開了我國證券市場的序幕。這為廣大學者研究財務理論，尤其是股利理論提供了極好的舞臺和機遇。筆者在查閱了大量文獻的基礎上，試圖從理論和現實兩個角度，探討我國上市公司的股利分配的問題。本文著重分析我國上市公司股利分配的現狀及其原因，并以此為基礎提出規范上市公司股利分配行為的一些建議和制定適宜的股利分配政策，從而對規范我國的資本市場運作有所貢獻。

關鍵詞：上市公司 股利政策 現狀 分析 措施

ABSTRACT:For decades, western theory of dividend policy has been a great development, has formed a comparatively perfect theory system. Due to historical reasons, China's financial circles on dividend theory compare deficient. At the end of 1990, the Shanghai stock exchange was founded; China opened a prelude to the securities market. For the majority of scholars to study the financial theory, especially the theory of dividend provides excellent stage and opportunities. The writer studied based on a large number of literature, attempts from the theory and reality two angle, discuss our country listed company dividend assignment problem. This paper focuses on the analysis of dividend distribution of Listed Companies in China and the reasons for the current situation, and on this basis proposes the dividend distribution of the listed companies and some recommendations for appropriate dividend policy, so as to standardize the operation of Chinas capital market contribution.

Key Words: listed company；Dividend policy；Current situation；analysis；Measures