The present disclosure provides a heat dissipating device for a display panel, a manufacturing method thereof, and a display device. The heat dissipating device may include: a first heat conductor layer located on a side of the display panel away from its display surface, and provided with at least one through hole; and a second heat conductor layer located on a side of the first heat conductor layer away from the display panel, and connected to the display panel through the at least one through hole. A thermal conductivity of the first heat conductor layer in a direction parallel to the display surface and a thermal conductivity of the second heat conductor layer in a direction perpendicular to the display surface are greater than that of the first heat conductor layer in a direction perpendicular to the display surface, respectively.