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SSF and dividends

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sponono
Super Contributor
Simon - KIO has closed today at R352 but has an outstanding dividend of R12.50 with Last day to register on 13 August. If I got short KIO (SSF) at R352 and hold it past Last day to register does it mean that I am actually shorting it at R339(R352-R12.50)because I have to pay the dividend on 13 August?
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