1. Dividend Aristocrats (tracked by NOBL) outperformed SPY in August 2025 but lagged year-to-date, with significant performance variation among individual stocks; 2. Dividend growth remains strong, with 55 of 69 Aristocrats raising payouts in 2025 at an average rate of 5.19%, nearing 2024 levels; 3. 22 Dividend Aristocrats are identified as undervalued, offering projected long-term annualized returns of at least 10% based on dividend yield theory and earnings growth, though investors should conduct independent due diligence.