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?
3. Make a fraction from the remainder and the original denominator. Now, we need to find the fraction part of the mixed number. Put the remainder from your division problem in the numerator and use the same denominator from your original improper fraction. Put this fraction next to your whole number and you have your mixed number! 1  In our example, our remainder is 2. 2  Putting this over our original denominator (5), we get 2/5.