A statement released this morning said the show, which has been on air for 14 years, would end.
Steven appeared on the show alongside his fiancee Jane Callaghan and took a lie-detector test to determine if he had been unfaithful.
Ms Callaghan said that just before they went on the show, Mr Dymond had convinced her he had not cheated.
In a statement, ITV chief executive Carolyn McCall said: "Given the gravity of recent events we have made a decision to end production of The Jeremy Kyle Show".
"They really have looked after me".
He was told he had failed it and was found in his flat in Portsmouth last Thursday, May 9.
The son of Stephen Dymond, who was found dead a week after filming an episode of the ITV show, claims he took his own life after his partner ended their relationship.
British MPs have called for the show to be axed for good in the wake of Dymond's death with a spokesman for Prime Minister Theresa May saying "this is a deeply concerning case".
Speaking to the Daily Mail, Carl Woolley, 39, revealed that he spoke to his dad - who he refers to as "Steve" - for the first time in seven years after a relative passed his number to him, anxious about his state of mind.
Damian Collins, chairman of the Commons Digital, Culture, Media and Sport Committee, said TV companies "have a duty to care to the people who take part in their programmes", while Tory MP Simon Hart, who also sits on the committee, described the Jeremy Kyle Show as "car-crash TV which revels in people's bad misfortune and sometimes their vulnerabilities".
Damian Collins, who chairs the Commons digital, culture, media and sport committee said: "TV companies have a duty to care to the people who take part in their programmes".
His death prompted Health Secretary Matt Hancock to call for reality shows to do more for competitors once they have become famous.
For now, the talk show has been suspended indefinitely, and there's no clear sign of when it might return to the air.
The show, which attracts around one million viewers per episode, is hosted by former insurance salesman Kyle and has run since 2005.
"I only went on the show for the fee, as I needed the money".
"He had gone on the show exclusively to clear his name but he said it had gone wrong because of the lie detector test".
Tory MP Simon Hart, who also sits on the committee, described the Jeremy Kyle Show as "car-crash TV which revels in people's awful misfortune and sometimes their vulnerabilities".
She last saw him days after the taping.
They've since reconciled but are living apart.