Stocks have to have some reward otherwise people won't play with them. They can be relatively stable-priced and return dividends or they can be increasing-price and ignore dividends. As is pointed out, the money and the gain has to come from somewhere. Dividends seem to reflect last year's money while price increases seems to reflect next year's money. Both, unfortunately, can be and sometimes are manipulated.
Stocks have to have some reward otherwise people won't play with them. They can be relatively stable-priced and return dividends or they can be increasing-price and ignore dividends. As is pointed out, the money and the gain has to come from somewhere. Dividends seem to reflect last year's money while price increases seems to reflect next year's money. Both, unfortunately, can be and sometimes are manipulated.