“Higher-quality companies tend to have stronger balance sheets and a potentially greater ability to withstand stormy market environments,” according to ProShares. “Focusing on higher-quality companies may be a sensible strategy in current market conditions, since quality has tended to outperform in periods of heightened volatility.”

Among dividend paying companies, those that have consistently increased dividends are ranked among an elite group of dividend payers. In recent years, these companies that have steadily raised dividends also outperformed firms that did not.

SEE MORE: An Attractive, High-Quality Dividend ETF Strategy

Year-to-date, SMDV increased 19.2% while the Russell 2000 Index gained 8.3%. REGL advanced 23.6%, whereas the S&P 400 MidCap Index rose 12.2%. NOBL rose 13.4%, compared to the 7.5% return for the S&P 500.

Financial advisors who are interested in learning more about dividend growth strategies can register for the Wednesday, August 3 webcast here.