Hedge Fund Manager Kyle Bass: GM Has Too Much Capital On Balance Sheet

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Jan 23, 2015
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Kyle Bass (Trades, Portfolio) thinks if General Motors (GM, Financial) chooses to be shareholder-focused, it could easily double its current dividend. Bass thinks GM has too much capital on its balance sheet.

With $27 billion of cash on its balance sheet and $10 billion on their revolver, GM should be paying out more of its cash flow to shareholders.