Stocks below Rs 100 with an impressive dividend payout ratio! Stocks below Rs 100 with an impressive dividend payout ratio! A higher payout ratio tends to represent the free cash flow nature of the business whereas a lower ratio indicates that the company is not generating too much surplus cash. Karan Dsij / Saturday, August 20, 2022 / Article rating: 4.1 As per one of the studies undertaken in the USA, it was observed that capital gains accounted for only 53 per cent of all shareholders' gains whereas the other 47 per cent was generated from dividend payoffs.