The main objective of this study is to examine the relationship between CEO power and dividend policy among a sample composed of 71 Egyptian listed companies in the EGX100 during the period from 2017 to 2021. The CEO power is measured using an index focuses on three main dimensions of CEOs' power which are duality, tenure length, and share ownership to capture the multidimensions of CEO power. The study findings reveal that there is a significant positive relationship between CEO power and both the decision to distribute cash dividends and the dividends amount. The findings emphasize the importance of considering CEO power in dividend decisions, prompting the development of responsible governance structures and guidelines for transparent dividend policies. Additionally, this study provides an additional insight into the different dimensions of CEO power and dividends payouts. The study findings contribute to the limited literature on CEO power and dividend policy in emerging markets through providing valuable insights for future research and facilitating informed decision-making in the Egyptian business environment.