Net sales rose 6.7% in the first quarter, with comparable sales up 5.6% — the retailer's first positive comp in five quarters

Target offers an annual dividend yield of 3.75%. So, how much would investors need to own to generate $500 in monthly dividend income?

Target, which embarked on a turnaround plan under its new CEO earlier this year, reported the biggest increase for a widely watched measure of quarterly sales in four years.