See the following:
I cannot reproduce using a simple test project. I am attaching a Word VSTO project that is a test version. I have removed packages which included Fody PropertyChanged and the Telerik Xaml controls.
We are seeing a Dispatch Processor error in Word when the HighlightText is enabled. It goes away if that is removed. Our VSTO project is way too large to easily demo but we passed QA if that HighlightText is removed. Why that is happening is hard to say since Word COM provides little to no information on the issue.
I will compare code against Vladimir's sample and see if I can spot differences. Will get back if something pops out.