Accrued Dividends Payable And Dividends per Common Share (Tables)

9 Months Ended

Feb. 26, 2022

Accrued Dividends Payable And Dividends Per Common Share [Abstract]

Schedule of Dividends

Thirteen Weeks Ended

Thirty-nine Weeks Ended

February 26, 2022

February 27, 2021

February 26, 2022

February 27, 2021

Net income attributable to Cal-Maine Foods,

Inc.

$

39,517

$

13,548

$

22,664

$

6,304

Cumulative losses to be recovered prior to

payment of divided at beginning of period

(21,097)

(8,614)

(4,244)

(1,370)

Net income available for dividend

$

18,420

$

4,934

$

18,420

$

4,934

1/3 of net income attributable to Cal-Maine

Foods, Inc. available for dividend

6,140

1,645

6,140

1,645

Common stock outstanding (shares)

44,140

44,056

Class A common stock outstanding (shares)

4,800

4,800

Total common stock outstanding (shares)

48,940

48,856

Dividends per common share*

$

0.125

$

0.034

$

0.125

$

0.034

*Dividends per common share =

1/3

 of Net income attributable to Cal-Maine Foods, Inc. available for dividend ÷ Total common stock

outstanding (shares).