Short positions and dividends

Hi, I am completely new to the CFD world (although am investing long term since many years).

I have a very basic question: If I were to acquire a short position in a stock on the evening before it’s ex-dividend date and would sell that position at the end of the ex-dividend day, would I have to pay the dividend?

I would assume that in that timeframe the stock price would drop by about the same as the dividend, so how can I profit from that?

Yes. There are no free lunches in investing.

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