You can decide to hold long enough for the rate to go from short term to long term capital gains, which is something you can’t do with an unqualified dividend.

You can decide to hold long enough for the rate to go from short term to long term capital gains, which is something you can’t do with an unqualified dividend. There is also a limit to the amount of unqualified dividends you can offset with losses, which isn’t true for capital gains.