It currently 2017 pays 140 per share quarterly dividend the, Financial Management

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It currently 2017 pays 140 per share quarterly dividend the

International Business Machine (IBM) stock has its closing price at $172.71 (2/17/17). It currently (2017) pays $1.40 per share quarterly dividend (the dividend was $0.50 per share in 2008).

Based the current closing price of IBM stock on 2/17/17, what is the yield of IBM stock?

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