And since the DIA and SPY own shares in mostly U.S. dividend paying companies, their dividends are mostly qualified. But some of the dividends in the SPY are not. You can look this up yourself using the tax data from the ETF provider.
Fractions are related to division because the top of the fraction is the numerator or the dividend of the fraction and the bottom of the fraction is the denominator or the divisor of the fraction. Minor edit?
Numerators, Denominators and Division. To convert a fraction into a decimal, you must understand numerators and denominators. The numerator is the top number in a fraction, and the denominator is the bottom number. For example, in the fraction 3/5, the numerator is 3, and the denominator 5.However, a fraction is also an expression of division.The value of a fraction is equal to the numerator divided by the denominator. So 3/5 is equal to 3 divided by 5, or 0.6.emember that a fraction is just division of the numerator by the denominator. When you divide a number by a power of 10, you move the decimal point one place to the left for each zero. So 6/10 is 0.6, 6/100 is 0.06, and 6/1,000 is 0.006.