[imtringued]

The money from facebook's balance sheet doesn't end up in your pocket because they have a use better for it than you. If they can earn $1.1 on every $1 in their balance sheet then it's in your interest that it's not landing in your pocket. Dividends are paid out because companies have excess profit that they can't further invest to make more revenue. You as an investor can then redirect the money to another company X that badly needs it as opposed to facebook directly investing in company X.

A token has no value.

It's inconvenient to acquire entire large companies and then liquidate them. So what we do is we divide the company into a million little pieces of paper that cannot be liquidated if you don't own all of them. Of course you are now mad that you can't liquidate your share but unless you owned all shares you couldn't liquidate them previously either. Nothing has changed in this regard.

Except ownership of miniscule parts of companies is now a whole lot easier and quicker. It's no longer a privilege of people with a multi billion networth!