(This article, originally published Dec. 8, 2011, has been corrected to show that PHH does not issue a dividend. TheStreet regrets the error.)NEW YORK ( TheStreet) -- PHH Corporation (NYSE: PHH) does not issue dividends and is not going ex-dividend tomorrow, Dec. 9, 2011. PHH Corporation provides mortgage and fleet management outsourcing services in the United States and Canada. The company has a P/E ratio of 19.1, below the average financial services industry P/E ratio of 19.9 and above the S&P 500 P/E ratio of 17.7.
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