GM CEO Sees Greater ‘Bandwidth’ to Begin Paying Dividends

General Motors Co., with improved cash flow and fewer outstanding preferred shares, is in a better position to consider paying a dividend next year, Chief Executive Officer Dan Akerson said.

“We’re producing a fair amount of cash now, too, and we’ve improved our balance sheet by buying back yield-based securities, so I think it does give us more bandwidth to consider it,” Akerson told reporters yesterday after a presentation at the National Press Club in Washington