Dear Readers, SATS reported a good set of results before market opened on Thursday. Despite the challenging business environment and softening of tourism growth, they achieved a net profit of $51.6mil for the quarter, up 18% against the same quarter a year ago. Consequently, operating profit also improved  by 7.2%. Final dividend of $0.09 was proposed. One day after the release, SATS had a good run to $3.38 and to close at $3.30. At closing price, it is trading at 2.5 times book value with earnings multiple of 18.75 times. Dividend yield stands at 4.24% (Source: Bloomberg). Under such valuation, is it still worth buying? If yes, for dividend/growth or both? Dividend Stock As investors, we all love dividends. Other than excitement from seeing stocks that you own rise higher and higher in the stock market, getting passive dividend income from ......