The comments section was getting unwieldy, so I'll answer here. Hopefully this is helpful. --- What I was trying to say is as follows: suppose that $(M,g,X)$ is a steady gradient soliton, i.e. $$ \mathcal{L}_X(g) = 2 Ric_g $$ for $X=\nabla f$ for some function $f$. Then, let $\Phi_t$ denote the flow of $-X$. You may check that $h(t) :=\Phi^*_tg$ is a solution to the Ricci flow. Then, the Ricci curvature of $h(t)$ is $$ Ric_{h(t)} = Ric_{\Phi_t^*g} = \Phi_t^*Ric_g. $$ Thus, $$ \frac{d}{dt} Ric_{h(t)} = -\mathcal{L}_X Ric_g $$ Now, relating $\mathcal{L}_X Ric_g$ to $D_X Ric_g$ in the usual way: \begin{align*} \mathcal{L}_X Ric(V,W) & = X(Ric(V,W))-Ric([X,V],W)-Ric(V,[X,W])\\ & = D_X Ric(V,W) +Ric(D_XV-[X,V],W)+Ric(V,D_X W -[X,W])\\ & = D_X Ric(V,W) +Ric(D_VX,W)+Ric(V,D_WX) \end{align*} and using the formula for $\frac{d}{dt} Ric_{h(t)}$ under the Ricci flow, you may find an equation for $D_X Ric$ (for example, it is the equation found in the paper of Brendle's I linked above; I've matched his sign conventions with $X$). --- EDIT: I'm going to work out the computation: I have specialized to gradient solitons (I'm not sure what happens if you drop this assumption). From Topping's notes http://homepages.warwick.ac.uk/~maseq/topping_RF_mar06.pdf, we know that \begin{align*} \frac{d}{dt} Ric_{h(t)}(V,W) & = \Delta Ric_{h(t)} (V,W) - 2<Ric_{h(t)}(V),Ric_{h(t)}(W)>_{h(t)} \\ & \qquad + 2<Rm_{h(t)}(X,\cdot,V,\cdot),Ric_{h(t)}>_{h(t)}. \end{align*} If we specialize to $t=0$, then this gives us an equation for $\frac {d}{dt}Ric_{h(t)}|_{t=0}$ in terms of $g$-quantities. On the other hand, notice that (here, we're using the gradient assumption) $$ DX = D^2f = \frac 12 \mathcal{L}_X g = Ric_g. $$ Thus $$ D_V X= Ric_g(V). $$ Now, you can put the $\frac{d}{dt}Ric_{h(t)}|_t=0$ computation together with the $\mathcal{L}_XRic_g$ computation to see \begin{align*} D_X Ric_g (V,W) & = \mathcal{L}_X Ric(V,W) -Ric_g(D_VX,W)-Ric_g(V,D_WX)\\ & = -\frac{d}{dt} Ric_{h(t)}|_{t=0}(V,W)-2<Ric_g(V),Ric_g(W)>\\ & = \Delta Ric_{g} (V,W) + 2<Rm_{g}(X,\cdot,V,\cdot),Ric_{g}>_{g}. \end{align*} This is the equation that Brendle uses in the linked article. --- By the way, you can simplify the above argument by using the Uhlenbeck trick (if you work through the details of what I did above, you'll see that there is a good deal of cancellation, which you can exploit by using $D_{\frac{d}{dt}}$ instead of the time derivative above. See, e.g. ch 6 of this book: http://download.springer.com/static/pdf/28/bok%253A978-3-642-16286-2.pdf?auth66=1385658655_8c41399e85b51a3addd04347ad203f0d&ext=.pdf among many other places.