BRIEF-JPMorgan CEO Dimon faults bank's market valuation

Feb 24 (Reuters) - JPMorgan Chase & Co Chief Executive Jamie Dimon said at the bank's Tuesday investor day: * Stock market is wrong in putting lower valuation on his stock * "I like our stock at this price, personally" * Many banks' dividend payout ratios will rise to around 50 percent in more normal times * The move toward 50 percent dividend payout depends on regulators * Lagging stock price partly due to past legal woes * JPMorgan is not a 'conglomerate' because its businesses are relat

from Reuters: Company News http://ift.tt/1FUFesb

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