Artificial AE sources were generated on the surfaces of Ulmus pumila, Zelkova schneideriana, Cunninghamia lanceolata, and Pinus sylvestris var. mongolica Litv. specimens. The AE transverse wave signal was decomposed into 3-layers detail signals by wavelet decomposition and reconstructed, and it was calculated based on correlation analysis. Then the longitudinal wave speed was calculated according to the time-difference-of-arrival (TDOA) method, and the wood dispersion phenomenon was studied. The results showed that the dispersion phenomenon of Ulmus pumila was obvious. The propagation speed of high-frequency signal was 2.38 times that of low-frequency signal. The ratio of high and low frequency propagation speed of soft wood was 1.72 and 1.73. The dispersion degree of Zelkova schneideriana was the weakest, and the propagation speed of the high frequency was 1.25 times of the low one. The ratios of longitudinal and transverse wave speeds of the four specimens were 4.59, 4.07, 4.24 and 4.2, respectively.