This research aims to identify the impact of announcing the digital distribution of profits in light of the information asymmetry. The research was applied to a sample of Iraqi-listed companies on the Iraq Stock Exchange. The sample included (8) companies from various sectors; the method of studying the event was used by analyzing the digital data for the years 2020 and 2021 and adopting the forecasting method to identify the future effects of the dividend on investors and adopting digital decisions; the research reached a set of conclusions, the most important of which is that extraordinary returns can be achieved depending on the digital informational content as There is a statistically significant effect of a divider decision in the asymmetry of information. In addition, the study provides empirical evidence on how dividend announcements influence investor expectations and stock price behaviour in an emerging financial market. The findings indicate that dividend distribution announcements act as informative signals that may guide investors when evaluating company performance and future profitability. By examining abnormal returns surrounding the announcement period, the study highlights the importance of transparent financial disclosure in reducing uncertainty and supporting more efficient investment decisions in the Iraq Stock Exchange.