Yum China Holdings (YUMC), priced at $28.10 with a market capitalization of $10.8 billion, is a Chinese fast-food company that was spun off from its U.S. parent in October.
The spin-off investment strategy has beaten the S&P 500 by an average of 10% per year during the last decade. Timely tips from the spin doctor...

Versum Materials (VSM), with a market capitalization of $2.7 billion, enables chipmakers to achieve higher performance at lower cost with enhanced reliability.

Hilton Worldwide Holdings (HLT) will split into three by year-end.

On the first trading day of October, RR Donnelley & Sons (RRD), the owner of the Edgar financial-statement wire service — trading at $23.81 with a market capitalization of $1.7 billion — split

Johnson Controls (JCI) will spin off its automotive interiors unit into a separately traded company on Oct. 31, 2016.

In July, CBS Corp. (CBS) — trading at $52 with a market cap of $23.2 billion — took the first step toward taking public its flagging radio business.

Last summer, Supervalu (SVU), announced plans to spin-off its wholly owned subsidiary Save-A-Lot, a discount grocery retailer.

Diversified companies continue to look at spin-offs as a way to unlock value for investors.
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