The Book (Dividend Policy and Share Price Volatility) is a thesis that went through examination processes and found to be original. The thesis is about dividend policy decisions that management make and how they influence a company's shareholders' decisions with regard to trading their shares at a securities exchange. The study was based on the companies that are listed in the Nairobi Securities Exchange (NSE). The Data used was extracted from the Financial Statements of these companies and share price data from the NSE. It was then transformed into a suitable form to serve the purpose of the study. Multiple Regression and Correlation Analysis techniques were used to analyse the data and the results showed that the relevant factor for the NSE companies was Dividend Payout Ratio as opposed to Dividend Yield for mature markets. However the study made several recommendations, both for policies and further research. The book is helpful for those interested dividend policies and price volatility