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?
Dividing Proper Fractions. Dividing a proper fraction involves inverting the divisor. The number that is being divided is the dividend and the number that divides into the dividend is the divisor and in a fractional division we need to invert the divisor of the fraction.