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Operating worldwide and founded in 1965, the company currently boasts a dividend yield of 2.8% at a market cap of $154B. McDonald's Corporation (NYSE:MCD), a world renowned franchise company virtually present in every single country and so popular that economists use the so called "Big Mac Index" to check for purchasing power parity across various markets and currencies. The stock has been rallying since November 2016, but still generates plenty of dividend income at a yield of 2.9%.So let's take a look at each of these candidates and their investment case for long term dividend investors.Investment case for Johnson Johnson currently yielding 2.7%Johnson and Johnson should be a core holding in every long term dividend portfolio having rewarded investors with consistent and consecutive dividend growth for 54 years now which has earned the stock the status of a dividend aristocrat and made investors rich.

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