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?
The division bar is also used to signify a fraction, because a fraction sometimes requires division of the numerator by the denominator. (Lessons 20 and 24.) We also use the division bar to indicate the ratio of two numbers.