This study aimed to identify the impact of income tax on dividend within listed companies on Amman Stock Exchange Market and distributed between three different sectors: financial, industrial and service. To accomplish the objectives of the present study, data were generated from the published financial reports of 99 companies, distributed as 42-financial, 26-industrial and 31-service. Data analysis was carried out by employing a statistical approach using the SPSS program. The hypotheses were tested by performing multiple regression analysis. The company size was used as a control variable, throughout. The findings revealed that the tax income impacted the dividend in the assigned sectors positively; the regression analysis indicated that the income tax had different significant effect on the dividend of financial, industrial and service sectors, respectively. The present study proposed a number of recommendations, the most prominent of which was government authorities should establish clear regulations for companies to allocate profits towards creating reserves. This practice will enhance the companies’ credibility and attractiveness to potential investors and increase their ability to generate profits and meet tax obligations.