This is one of those cases where external logic is required.
If your requirements are exactly 50%, then with a pair of flip-flops, contained in a single CD4013 IC, will do the trick.
You can set the PWMout output frequency at 400 Hz, and it will be divided by 4 to 100 Hz and a perfect 50% duty cycle.
You may have to run at slower clock speed or use external flip-flops [divide by 2] if square wave is OK. SETFREQ M1 would take you to 1/4 PWMOUT shown by wizard at 4MHz - I think though I am not acquainted with 28X1