Because a company is only able to increase its dividend for decades on end if its underlying profits are rising in kind. (dailytradealert.com)
Because you can't pay increasing dividends to shareholders for decades on end if you're not running an increasingly profitable enterprise. (newretirement.com)
After all, it's incredibly difficult to write ever - larger checks to shareholders for years or decades on end without the underlying supporting growth of profit to support those checks. (dailytradealert.com)