Depending on the type of company the corporation is, it could do a variety of things. They could reinvest some of the profit by increasing the offerings to their customers, pay raises, better benefits, better quality goods, etc. They could invest in other companies, bonds, etc. They could payout to the owners of the company.
If there are two options, those options might be this. Do I take the money now, or do I reinvest it so I get more money back later?