The stock pays a $1/ share dividend while you are short. If the stock eventually rises to $32, the equity/liability ratio in your account is now 19.8% 15.7% 21.9% 14.1% 13.3% 18.6%You short sell 200 shares of a stock at $25, putting up the required initial margin. The stock pays a $1 /share dividend while you are short. If the stock eventually rises to $32, the equity/liability ratio in your account is now 19.8%15.7%21.9%14.1%13.3%18.6%.