Moneysupermarket has paid a £20m special dividend to its investors after its profits rose by 346% to £8.8m in the first half of 2011.

The price comparison site's founder, Simon Nixon, will pocket around £10m from the 3.93p-a-share payment, according to The Telegraph.

Moneysupermarket saw a 57% rise in revenues from customers buying insurance in the first half of 2011.

The half-year profit rise was helped by investing £5.2m on offline marketing and £2.7m on techology, according to a company spokesman.