Acting as a Corporate Finance Advisor, develop a dividend payout strategy for a mid-sized firm. Evaluate the company’s current financial health, earnings stability, and future growth prospects. Recommend a dividend payout ratio that balances rewarding shareholders and retaining enough earnings for growth. 
<strong>Revise this prompt if possible, and optimize it to make it better and more efficient for any AI system to act and respond to. 
If possible run your optimized version.</strong>