The topic of stock dividend policy examines the strategic framework and decisions companies make regarding the payment of dividends to their shareholders. This concept plays a key role in the balance between profit payout, capital preservation and the need to invest. This summary covers the motivations behind dividend policy, payout decision models, and the impact on companies, shareholders, and capital markets. An introduction to dividend policy covers the concepts and strategies companies use to determine how much money to distribute to their shareholders in the form of dividends. A dividend represents a portion of a company's profits that is distributed among its shareholders as a reward for owning shares. Dividend policy includes decisions about how much money will be paid out as dividends, how profits will be distributed, how the order and frequency of dividend payments will be determined, and how the relationship between the reinvestment of profits in the company and the payment of dividends will be managed. Ultimately, the stock dividend policy reflects the core values and goals of the company and its ability to meet the needs of shareholders, sustain growth and adapt to dynamic market and industry changes. Through the analysis and understanding of this concept, investors and business decisions can better assess the risks and opportunities arising from the company's dividend policy.