The invention provides a micaceous iron oxide drying and screening device which comprises a concentration tank I, a ceramic filter, a belt I, an iron oxide gray rotary kiln, a buffer bin I, a concentration tank II, a belt filter, a belt II, an iron oxide red rotary kiln and a buffer bin II, wherein the concentration tank I is connected with a top opening of the ceramic filter; the ceramic filter is arranged above one end of the belt I; the other end of the belt I is arranged above the upper end of the iron oxide gray rotary kiln; the lower end of the iron oxide gray rotary kiln is arranged on the buffer bin I; the concentration tank II is connected with the top of the belt filter; the belt filter is arranged above one end of the belt II; the other end of the belt II is arranged above the upper end of the iron oxide red rotary kiln; the lower end of the iron oxide red rotary kiln is arranged on the buffer bin II; and a multi-layer vibration screening machine I and a multi-layer vibration screening machine II are arranged below the buffer bin I and the buffer bin II respectively. The micaceous iron oxide drying and screening device provided by the invention reduces the cost in drying operation, saves space, and improves the screening efficiency.