The purpose of the study is to examine the impact of Dividend Policy on firm’s financial performance; especially on selected Indian IT Companies. The data have been collected from the annual reports, journals and money control website. Panel data regression model has been applied to examine the impact of dividend policy on financial performance of Selected Indian IT Companiesfor the study period ranging from 2011 to 2020. For the purpose of the study, we have considered 10 Indian ITsector companies on the basis of their Revenue and Market Capitalisation. Findings of the study reveal that Net Profit, Firm size and Dividend pay out Ratio have statistically significant effects on financial performance.