“It is an extra dividend when you like the girl you’ve fallen in love with.” –Clark Gable If the late great actor is correct, then he found a use for dividends, at least in love. The dividends in your investment portfolio, on the other hand, are quite useless, contrary to popular beliefs. Those popular beliefs are: that dividends increase returns, and that dividends are a sound income strategy. We’ll debunk both, to prove our assertion. First, a simple example of how a dividend works, to explain the return issue: John owns a share of stock in Company A, which is …