The Dividend Kings outperformed SPY year-to-date, up 2.06% versus SPY's 3.06% loss, despite a March pullback. Seventeen Dividend Kings have double-digit gains in 2026, with Gorman-Rupp and Archer-Daniel-Midland leading at 25.05% and 23.19%. Twenty-nine Dividend Kings appear undervalued with long-term annualized expected returns of at least 10%, based on Dividend Yield Theory.