12:02:18 EDT Tue 23 Apr 2024
Enter Symbol
or Name
USA
CA



Canopy Growth Corp
Symbol WEED
Shares Issued 480,252,794
Close 2022-09-30 C$ 3.75
Market Cap C$ 1,800,947,978
Recent Sedar Documents

Globe's Heinzl happy to have passed on Canopy, Shopify

2022-10-03 08:53 ET - In the News

Also In the News (C-SHOP) Shopify Inc

The Globe and Mail reports in its Saturday, Oct. 1, edition that the model Yield Hog Dividend Growth Portfolio was launched five years ago. The Globe's John Heinzl writes that when he started the portfolio on Oct. 1, 2017, with $100,000 of virtual cash, his goal was to identify blue-chip companies with a history of raising their dividends and a strong likelihood of continuing to do so. As a risk-averse, buy-and-hold investor, Mr. Heinzl was not interested in swinging for the fences. Good thing, too, he says, because a lot of formerly high-flying stocks have come crashing back to earth, like Canopy Growth and Shopify. Rather, he says he was aiming to generate a sustainable and growing stream of dividend income, along with steady capital gains, without taking on a lot of risk. As of Sept. 30, Mr. Heinzl's model portfolio was worth $142,852.78, representing a total return of 42.9 per cent since inception. Mr. Heinzl notes that no new capital was added along the way, apart from reinvesting dividends. In real life, most people continue contributing to an investment portfolio. At inception, the portfolio was generating $4,094 of projected annual income, it has grown to $6,833 -- an increase of 66.9 per cent.

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