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?
1. Use long division to divide the numerator by the denominator. Activity: You will learn how to convert fractions to decimals and percents and vice versa. Then you will practice all of these strategies in one activity at the end. Converting a fraction to a decimal.