Teekay cuts dividend By: MarketMinute.com Stock News December 17, 2015 at 10:58 AM EST Teekay Corp. (NYSE: TK) cut its quarterly cash dividend from 55 cents per share last quarter to 5.5 cents per share for the fourth quarter sending the stock price plummeting $10.21 to $7.28. Related Stocks: Teekay Shipping Corp