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For the 1099-DIV for your dependent, if that is the only income they received in 2016 and it was less than $1,050 in interest, dividends, and capital gains distributions combined, then they do not need to report it on any tax return. If they are under 19, you may elect to report this income on the your return as long as the amount is less than $10,500. But this is optional.
NOTE: If the child's income is $10,500 or more, it must be on the child's tax return. It can't be included on the parents' tax return.
If you decide to include on your return, the election is made on Form 8814, "Parents' Election to Report Child's Interest and Dividends." The first $1,050 of the child's investment income isn't subject to tax, the next $1,050 is subject to tax at 10%, and only the amount over $2,100 will be taxed at the parent's tax rate.
You can do these steps if you want to include his income from this:
Reporting a child's income on a parent's return is largely a convenience, though, rather than a real tax savings. The overall tax might be less if you file a tax return for the child separately instead of adding his or her income to your return, if they are required to file a return. And they'd only be required to file their own return if they meet requirements here https://ttlc.intuit.com/questions/1901402
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