Distribution date should be mid February, xdate should be early February.
Here are last year's Declared, Ex, Record and Pay Dates for Linn's first quarter announcement. Expect LNCO to be a day or so later:
01/27/12 02/03/12 02/07/12 02/14/12
Around early February
it is not called a dividend, that's why some are going to lnco