On February 16, 2022, the Board of Directors of Rattler Midstream LP's general partner approved a cash distribution for the fourth quarter of 2021 of $0.30 per common unit, payable on March 14, 2022 to unitholders of record at the close of business on March 7, 2022.

The company provided dividend guidance for the full year 2022. For the year, the company expects to pay $1.20 per unit.