The following commentary comes from an independent investor or market observer as part of TheStreet's guest contributor program, which is separate from the company's news coverage.By Paul Tracy NEW YORK ( StreetAuthority) -- I've found what I think is one of the safest dividend-paying stocks on the planet. During the past year, this company earned $8.6 billion in profits. It only distributed $4.6 billion in dividends. In other words, it could see its earnings fall more than 45% and still be able to maintain the dividend. At the same time, this company's stock has seemingly ignored the ups and downs of the past few months. Instead, it has steadily beaten the market in the past year. Just take a look at the chart.