This is somewhat gigantically missing the point. Traditional investments have some kind of income stream based on actually creating value. When a company makes

This is somewhat gigantically missing the point. Traditional investments have some kind of income stream based on actually creating value. When a company makes money to disburse me as dividends, they have actually created value and been able to generate some money in exchange. Therefore they can distribute the income without the company itself being cannabilised and sold to a greater fool. You could squint at it and consider that they are selling 1% of the company each time, but ignore the fact that they're also growing the company by 1% each time by creating real world value in their activities.