The invention discloses a multi-index high-speed dynamic detection and material dividing method and device of an annular sliding bearing. According to the method, multiple indexes of the outer surface size and the inner surface coating defects of the sliding bearing are dynamically detected through machine vision, material division is carried out on workpieces according to the detection result through the color recognition technology of machine vision, and the method has the advantages of being high in detection efficiency, accurate in recognition, high in automation degree and the like. The device comprises a roller, a conveying belt, a high-definition camera, a digital control spraying device, an electric switch, a computer system and the like, wherein the high-definition camera is used for carrying out multi-index dynamic detection on the sliding bearing rotating in a fixed-axis mode, whether defects exist is recognized and material division is carried out through the high-definition camera and a limiting switch, the detecting speed is as high as 120-180 per second, the recognition accuracy is as high as 100 percent, automatic production is fully realized, and the detection cost is largely reduced.