Companies uses profit for dividends or growth.
Steemit dividends are the rewards old investors/whales get and Steemit growth is achieved by atracting more active members to the community.

Newcomers represent the growth of this endeavour and stakeholders have to decide if they do rather get rewarded more now (dividends) or re-invest it to turn those newcomers into active members, increasing the lon-term value of the plataform.

How do you vote, sir?