The invention relates to a graphene heat dissipation coating and graphene heat dissipation material for an aluminum electrolytic capacitor, and preparation methods thereof. The graphene heat dissipation coating for the aluminum electrolytic capacitor disclosed in the invention comprises a bottom-layer graphene heat dissipation coating and a surface-layer graphene heat dissipation coating, whereinthe bottom-layer graphene heat dissipation coating comprises, in percentage by weight, 30 to 65% of polyester resin, 0.5 to 10% of modified graphene oxide powder, 1 to 5% of a coupling agent, 5 to 15%of silicon carbide, 0.5 to 5% of a rheological agent, 0.1 to 2% of a dispersing agent and 10 to 45% of a solvent; and the surface graphene heat dissipation coating comprises, in percentage by weight,30-65% of epoxy resin, 0.5-10% of modified graphene oxide powder, 1-5% of a coupling agent, 5-15% of silicon carbide, 0.5-5% of a rheological agent, 0.1-2% of a dispersing agent and 10-45% of a solvent. According to the graphene heat dissipation coating for the aluminum electrolytic capacitor, a coating scattering material has excellent heat dissipation performance and stable performance, and heat dissipation capacity is greatly improved in a later period that the aluminum electrolytic capacitor is coated with the heat dissipation coating.