The Hidden Value in Genuine Parts Company’s Spin-Off Plan

Warehouse interior with stacked Genuine Parts Company boxes and NAPA Auto Parts branding, forklifts and industrial shelving in background. Key Points The strategic separation of Genuine Parts' automotive and industrial businesses allows the market to finally value the high-growth industrial segment at the premium multiple it deserves. Shareholders can rely on a consistent income stream from this Dividend King while waiting for the corporate breakup to fully materialize over the coming year. Management ...